Throughout the debate, we've heard that the bill is very important, as it's intended to bring New Zealand's regulatory framework for FMIs in line with what is best international practice. While I'm new to speaking on this bill, I'd like to acknowledge the select committee for their work in the previous term, officials from the Reserve Bank, and the 10 submitters who took their time to submit on the bill. This bill has been very well consulted on, resulting in the select committee considering and making several amendments to the bill. Those amendments have all been adopted by the House. These include adding a new principal regulator, adding a new streamlined process for transitioning settlement systems, and a variety of other changes, both technical and detailed, designed to support the operation of the new regulatory framework.