First, with regard to beneficial ownership, I would make it a rhetorical question. Why should people not want to disclose the true ownership of a corporation? Why hide that in terms of normal commercial dealing?
In terms of lawyers, I would just very quickly point out that the problem is not so much the regulation lawyers; it's the fact of the intelligence. They are gatekeepers in so many different types of businesses, and FINTRAC does not get their information. It's a component that's missing.
I get it with regard to solicitor-client privilege. I'm a lawyer. I understand that. Take B.C. for example, and the notaries who deal with most residential matters, with real estate. They in fact have to report to FINTRAC, so the intel is coming in from notaries, but it's not coming in from lawyers.
The Law Society of B.C. has very strong regulations. I'll agree on that, but lawyers are pivotal in terms of so much of our economy. So much goes through them that it's a bit of a missing link. I don't have an answer for it. I thought I'd just throw that in.