The rationale behind the transfer of risk is essentially based on rationalizing the assessment of risk into one organization. As some of you will recall, this was raised by the standing committee report in 2007, which recommended the transfer of the PRRA function to the IRB. We believe it will realize greater efficiencies; we think decisions will be faster and more efficient.
The reasons for that are the following. The current decision-making model at CIC relies on a single officer doing a tremendous amount of work, from preparation of the file to his or her own research and finally to the decision-making process. Moving this PRRA function to the IRB, whose core business is of course individualized risk assessments, would mean making the same types of decisions, but making them in a way similar to that for a risk decision. Decision-makers at the IRB will be simply making decisions. All the registry work, the research, the analysis, will be done by lower-level officers, and obviously will be focused on decision-making. I can't get into precise numbers, but we believe that it will be substantially faster and that the productivity rate at the IRB will be significantly higher than it is at CIC, for the reasons I outlined.
In terms of the specific amendments, as I said, they've been broken into G-3 through G-12. They are, I agree with Mr. Bevilacqua, very lengthy and very technical.
At this point, I think I'll stop. We can take some questions on some of the specifics.