My first question is to Rogers. In your presentation you stated a few times that under modernizing tools and programs, the policy objectives of the funds are still very valid, but the framework is outdated. You said the frameworks don't move with the industry evolution, I believe, a few minutes ago.
Could you speak more on that? I think you have started already, but I'm having trouble with the echo in the room. Could you just say more exactly what that means, that the frameworks are outdated and the frameworks don't move with industry evolution?