One of the things we've heard, and we've even heard this repeated today, is that there is a lack of training and expertise among compliance people at the banks. That hasn't changed for a number of years, and I don't know why that is. It has changed in the United States, but not necessarily here. I think what the United States does well is it prosecutes and fines heavily. I am not suggesting we necessarily go that way, but I think we need to begin to think about how that might be effective.
On March 31st, 2015. See this statement in context.