Mr. William Beausang:

I'm afraid the characterisation of the DSG that you presented isn't consistent with the information set out in the documents that I submitted with my written evidence, which makes clear that there was no pooling of responsibility, insofar as the DSG was concerned, that it was a group coming together to share information perspectives but there's no question, just as you characterised it, a crack commando team to deal and to take on, on some kind of a joint basis the difficulties from, you know, the ... addressing the issues that were emerging in the financial sector. And that's very clear from the scoping paper that was circulated in advance of the ... of the ... in January ... on 10 January ... or, the scoping paper that was drafted after the meeting of 10 January and the ... there's another document I think ... a paper maybe circulated in advance that makes the same point. And, indeed, it's reflected in the MOU itself establishing the DSG, that it did not diminish ... sorry, that it didn't impact on the distinct legal responsibilities of the constituent parts of the constituent members of the ... of the DSG.