Thank you very much, Mr. Chair.
Welcome, Mr. Greenberg. It's a pleasure to have you before us today with your experience from overseas in what is a similar but, at times, different system. It's good to hear from you.
I want to understand a little bit more about the principles-based approach that you talk about. One of the areas I would like to hear from you on.... You mentioned, in relation to using a principles-based approach, that the field of ethics is not like tax law. It's an area of law where principle is more important to actually guide behaviour.
One of the areas we've been looking at is around the notion of apparent conflicts of interest. In the U.K., does your approach tackle apparent conflicts of interest? In some ways, this is one of those instances where some of the testimony we've heard is about being worried about how to legislate an apparent conflict of interest. This is where I think the principles-based approach that you're talking about might be useful.
Do you address apparent conflict of interest, or do you have views on that?