Professor Philip Lane:

Let me clarify. A commercial loan that is secured on, for example, a home is within the scope. There is probably an overlap. If a firm funded itself with a tracker mortgage on a home, that is within the scope and will be covered. Of course, there are many types of loans to SMEs and there are other products that are not covered by this examination. The Senator has raised an interesting question about whether there were other violations of our codes in respect of SMEs. As Mr. Sibley mentioned, we are aware of various risk factors, but there is no comprehensive examination like the tracker examination.