INGRID LEARY (Labour—Taieri): Apologies, Madam Speaker, I was waiting to see if ACT were going to speak. But I must apologise for my enthusiasm for this bill. With the fervour of a new MP and a new member of the Finance and Expenditure Committee, I have read the bill and independent commentary—quite a lot of it—and while it is technical, it does make perfect sense to me because, really, it speaks to three things: first, risk management; secondly, proportionality; and, thirdly, integrity and coherence of our financial systems. So it is of course a Financial Market Infrastructures Bill (FMIs) I'm referring to, although we could possibly call them FMIs: fairly mundane instruments. But I'm aware as I listen to the debate that there are probably two audiences to speak to. The first of those who really don't have much to do with the financial markets, and then there are probably some people who are very involved with this legislation who have made submissions and who may be listening for some of the minutiae or the more granular things that have happened. So I would like to speak to both those audiences in turn.