Mr. William Beausang:

Well the deficiency ... the main deficiency that was addressed was ensuring that we had access without being ... on a kind of a regular, on a systematic basis, to their analysis and their assessments as to what was happening in the financial system. You know, the way that the thing worked was we would ... and remember, it kicked off formally just as the liquidity crisis kicked off, maybe if you're taking the ECB intervention in August 2007 as being the starting point, so from then on, around a whole range of issues that were kicking ... that were arising in the financial sector, we'd access to the DSG, to their analysis, to their briefings, that we could bring to the Minister and the Government. I would have imagined that would've been a very cumbersome process up to then, because there would've been all kinds of issues around the basis on which that information was being provided but, even in administrative terms, we wouldn't be meeting them regularly, we wouldn't be sitting down with them, we wouldn't have a structure, you know, to move the thing forward.