A year is what we are currently estimating it would take to set up the registry. That's taking into account—just to get into some level of detail—regulations that are required to launch the operation of the regime. There are some pieces of regulation that are necessary to do that.
For example, there's the information that must be provided to the commissioner by a registrant, and then there's the information that the commissioner shall make available on a registry, just to give two examples, but there are others.
It requires building an IT solution to do that. It requires developing investigative capabilities. It also requires hiring—the commissioner was referenced earlier—and standing up the physical organizational structure.
It is a significant amount of work; therefore, a year is what we are estimating would be required to start the operation of the registry.