Thank you very much, Chair, and thank you both for your appearance before us today.
Beyond asset recovery under FACFOA, the committee has also been hearing about the detection, the seizure, and the blocking of attempts to move funds into Canada by corrupt foreign officials in the sense of the Magnitsky Act passed by the U.S. Congress and the proposed global Magnitsky Act being considered by the Americans and the Parliament at Westminster.
What are your thoughts with regard to naming and shaming and ostracizing the perpetrators of human rights abuse who attempt to move their ill-gotten gains into a variety of countries? How effective would unilateral or individual national laws be to act against this, in the sense of the Magnitsky Act in the U.S., the probable Magnitsky-type act in the U.K., and perhaps the addition of a Magnitsky act or a global Magnitsky act of some sort in Canada?
Perhaps Professor Ferguson could answer first, and then Ms. Fenner.