Thank you, Mr. Chair.
We're seeing a lot of questions in this section from my colleagues. We did a study on bank sales practices in the early part of the year, and then followed up. The FCAC came out with their report. I think it's great that we're seeing a number of what I think are good recommendations for banks to follow sound banking practices. It's great to have that in the BIA legislation.
I have a couple of clarification questions.
The penalties of up to $10 million per violation for banks that commit serious breaches of legal obligations, it says now the banks will be publicly identified. Is that a change in the policy from what was before?