Thank you, Madam Chair.
Ms. Vega, you made a good point earlier. You said that we had to be more open to new technologies and new businesses in the financial sector.
One of my colleagues also raised the fact that the financial sector is one of the most stable and sound in the world. It has survived crises more easily than other sectors. Despite all that, we constantly hear complaints about the extremely high fees charged by banking companies. That's a known fact. It's most likely due to a lack of competition. We get the feeling that the banks are constantly ripping us off.
How can we ensure that people trust these new financial sector businesses, given that they don't have physical offices and don't have as much accrued capital?
It can be hard to trust this kind of company and to put our financial assets or holdings in a company where you can't meet human beings, where there are no physical offices and whose name is barely known.
Are there ways to ensure that we can rely on these businesses, that we can be sure that they won't disappear overnight and that there won't be fraud?
