I've had to quickly come up to speed with this bill, which seeks to establish a new regulatory framework for financial market infrastructures—that's FMIs—along with providing certain FMIs with more legal protections and also the enforcement of these rules. The bill makes sure that the Reserve Bank and the Financial Markets Authority, which are the agencies who have the role and the functions of the regulator in the bill, are both given the authority to do the work and given the powers they need to undertake the work. It is a regime based on a framework which also provides the flexibility to allow these regulators to do their job underneath it.