It's a reporting system that is constantly evolving and improving. The importance is a regime that increasingly focuses on risk and that encourages targeted reporting to ensure that FINTRAC receives the information it needs to enable prosecutions and protect Canadians, which is what we're all hoping for from the AML regime. It's why all stakeholders participate in consultations and invest in the regime.
Overall, we think that recent changes, such as private-to-private information sharing, will help bolster reporting to FINTRAC and help create observation of complex risk and complex criminal activities. Ultimately, that improves what goes to FINTRAC.
It's an evolution. It's an ongoing iterative process.
