Mr. Patrick Neary:

Well, the reality of the situation is that the banker-customer relationship is a contractual relationship between two people - the borrower and the lender. It is up to the lender to make sure that when they are lending to a large borrower that they secure that borrowing, that they ensure there is capacity to repay it. That assessment is theirs. So when the loan is being negotiated and put on the books, there is no involvement by the Financial Regulator in that process. The involvement by the Financial Regulator arises in the ... in the event that such a loan becomes non-performing or is impaired to make sure that there is proper provisions made against it. We ... it ... it is inconceivable that the regulator can determine who or who doesn't get a credit from a bank as a customer of that bank.