Yes, that's what I'm saying.
Also, to clarify concerning what is included in the regulations, before we promulgate regulations, we need to consult with all of the industry. If a future government or Governor in Council wanted to change those regulations, the same rules would apply. They would have to go back and negotiate with all of the industry that have issued this debt and these securities and with all the investors.
To change the nature of what constitutes a long-term debt or what constitutes an asset available for bail-in is quite a complicated ordeal. The premise here is to give the industry certainty and to give foresight into how long it would come into play. It does not apply to legacy assets; it only applies to new instruments. The Canadian regime would be fully transparent. It would really be set in the framework and legislation and clarified in regulations.