Professor Philip Lane:

We have aggregated data. Remember, ultimately, the banks are responsible. We have provided minimal guidance and told the banks that they must have followed the principles that we have just outlined but we have always made sure to maintain the focus that the ones who are responsible and need to be held to account to ensure that the level of payout is appropriate are the ones who caused the problem, namely, the banks. As the banks come before the committee and through any questionnaires the committee gives them, it may explore not only the aggregate figures but how they have dealt with the full range of cases.