Professor Philip Lane:

Once cases have been identified, redress and compensation schemes remain so that individuals can be compensated. To get to finalisation we have a review process which will happen early in 2017 when our team, with our external advisers, will go in and do inspections of whether the self-assessments of the numbers and the damage done are acceptable. We are not quite at the finish line in terms of our role and the need to double-check the banks' processes and numbers before we move onto redress and compensation.