Mr. Dargan Fitzgerald:

Well, I would just repeat that the ... and the comment we've made that you refer to is at the, I might say, the highest possible level. It looks at and comments on our general understanding of whether processes of internal control are operating effectively. In the work that we carried out, we found that internal control environment to be relatively strong. And when I say that, we would be comparing to the experience we had had of other similar institutions and to other institutions generally. I do feel there was a strong control consciousness.

Now, notwithstanding that, banking involves dealings with an enormous number of individual customers and the Financial Regulator's brief, I believe, in carrying out reviews like this is to highlight procedural matters that would not have the same significance for us as for the regulator.