That's correct. Nowhere is it more true than in the case of an RCC regulatory project, because under the model being proposed by the RCC, stakeholders on both sides of the border would meet simultaneously with regulators on both sides of the border and jointly create the regulations that will be aligned ultimately and enacted through their respective executive regulation-making authorities.
At the point at which you're on the verge of making regulations, all of these stakeholders would have already talked. They would already know what's in the regulations. They might even have helped write them.