That is a fairly light regulatory framework. We've had many visits from international institutions, such as the IMF over the years, which say we should regulate more in this area. And they said that again in 2016, and the previous National Government, of which I was a part, agreed with recommendations from the Reserve Bank that we should move in this direction. And that's why we support the overall thrust of the bill, which, in essence, is establishing a regime whereby the Reserve Bank and the Financial Markets Authority (FMA), as joint regulators, would have information-gathering powers for all financial market infrastructures (FMIs) in order to monitor the broader sector and identify potential systemic risks. 