That’s certainly a good question.
I believe another witness said that a criminal organization that makes hundreds of millions of dollars in profits would certainly be able to pay such a fine. As I understand it, these fines would only apply when there is intent to defraud or intent to circumvent the registry. The bill provides for two fines, one of $5,000 and the other of $200,000. It will be a matter of seeing how the government can apply both provisions.