Thank you.
In your response to Mr. Morantz and in your opening, you mentioned the need for a stand-alone money-laundering offence and the reason why. Obviously, in the legislation that we're talking about today, Bill C-59, there are a number of changes made to the money-laundering offence, particularly around recklessness, as well as layering on changes that were brought in in the budget last year on structuring transactions.
I was hoping you might be able to speak to the impact this may be able to have on making it more effective in tackling money laundering.