Ideally… yes. Consider that Windows APIs use UTF-16, not UTF-8, for wide characters. Microsoft's extensions to ISO 9660 used (big endian!) UCS-2 (a.k.a. UTF-16) for long filenames, NTFS uses proper UTF-16 I believe.
This is a feature of Windows 10+ https://learn.microsoft.com/en-us/windows/apps/design/global...