Mr. Brian McHugh:

I will ask Mr. Murphy to speak about the issues Senator Boyhan raised and the enforcement aspect. We broadly welcome the general scheme of the legislation. We have made some recommendations, including on confidentiality, for example. We have an understanding of the issues and imbalances in this industry. We have engaged, and we will continue to engage, with the new office in the context of our operational experiences in this area. Therefore, it is not necessarily that we are recommending significant changes to the enforcement powers. I ask Mr. Murphy to speak about those powers in the proposed Bill and our experience of the industry.