Shafqat Ali at the Government Operations and Estimates Committee

That's why I say there's a lot of misconception around regulatory sandboxes.

All regulations—those on conflicts of interest and in codes of ethics, everything—apply to this. There's no exemption. No one is exempt from it.

To clarify for the benefit of this committee and the Canadians who are watching, regulatory sandboxes are only for certain innovative testing. No one is exempt from any safeguard rules and regulations around that. That's for clarity.