This is for Mr. McAuley, I think.
Concerns have been expressed that the International Financial Reporting Standards, the IFRS, which were implemented in 2011, were a significant step toward deregulation, yet they opened the door to some of the serious abuses by corporations that we've heard about: transfer pricing abuses, IP licensing abuses, and the like. Do you share those concerns, and, if so, what can we do to guard against any such abuses?