Mr. Brian Patterson:

Yes, sector limits. Of course, they're important in banking supervision. And with the benefit of hindsight, again we can see just how important they ... they were. I said in my statement that my belief is that sector concentration limits were, in effect, relaxed in the 1990s in order to facilitate the development of the IFSC. And I think that, sort of, became the conventional wisdom that sector limits were there all right and yes, they would be looked at and so on but they wouldn't be strongly policed. And with the benefit of hindsight that ... that was wrong. They should have been, and strong enforcement action should have been taken with the banks to bring that back into line.