Hon NANAIA MAHUTA: We're already working with urgency on the initial tranche of regulations. The first tranche will align New Zealand with partners to prevent assets from being moved here. This will include more extensive travel bans, sanctions on Russian banks, and potential asset freezes based on discussions with international partners. There will be further phases as we build a bigger picture of assets here in New Zealand. The framework for sanctions allows us to evolve dependent on situations on the ground in Russia and the actions taken. It provides us with the ability to carefully examine the relationships and identify individuals and companies that meet the legal threshold outlined in the bill so we can have the greatest impact on Russia's ability to sustain a war.