Mr. Michael Walsh:

But I mean, to be absolutely clear, it was the society who actually got the internal audit review done in whatever it was, kind of, January or February of 2005, and it was KPMG who actually did that and KPMG worked with the society to determine what was the appropriate way forward. KPMG agreed certain things would be outsourced and certain things would be retained inside, and they took the view that the internal auditor at the time was somebody who was capable of actually doing the job and doing it very well. That discussion went on and, basically, from a situation where the regulator wanted everything outsourced, you know, the regulator ultimately agreed - and when I say "the regulator", Dr. O'Reilly agreed with the process and the way the society was carrying it forward.