Thank you very much, Mr. Chair.
I would like to thank both witnesses for their exceptional testimony based on facts and research. The research before us and your work help to explain the democratization of our service and make these elements more factual.
Ms. Christians, I will address you first, if I may. I'd like to ask you a question about the model used in Canada, where the beneficiary is known, but the composition and management of the assets are completely hidden. This is a model used in several democratic countries, as you mentioned earlier.
In your opinion, does it raise legitimate concerns about transparency, or is it generally recognized around the world as a sound standard?