Thank you, Mr. Chair.
Good morning, everyone. Thank you for being here today.
Because I have just five minutes, I'm going to try to get in three different questions.
I want to start by referring to a point made by Ms. York. You indicated that, given your experience with FATCA, you are in favour of multilateral rather than bilateral agreements. This is something that we have been looking at.
Could I get a quick yes or no from each of the witnesses as to whether you favour multilateral agreements or bilateral agreements? Multilateral, yes or no?
Monsieur Richard.