I can appreciate that FINTRAC doesn't make that a priority, but on the other hand, if there is a suggestion, idea, or concept that, if it were put into place, could reduce the costs for the people who are complying, FINTRAC should not stand in the way of that. More importantly, it should be pushing and encouraging that.
The central registry on beneficial ownership would be one example. The other big example from my industry is moving forward with some kind of mutual recognition scheme for foreign institutions that are transacting in Canada. If they're in an acceptable jurisdiction, you shouldn't have to go through their identity.
These initiatives make a lot of sense, and it's just inertia on the part of government, it seems to me, not to move forward with them. It would relieve the burden, certainly for my industry, if we had their proactive support.