Thank you, Mr. Chair.
Thank you to the witnesses. We're very pleased to have them here.
Ms. Hulan, an analysis of past situations published by the International Peace Institute shows that sanctions can have unintended consequences. For instance, transactions may be delayed or curtailed because of administrative and legal complexities, or because financial institutions and companies want to avoid taking risks in the context of a sanctions regime.
What details can you share with us on this subject?