Ms Derville Rowland:

There are six open enforcement investigations in respect of the tracker mortgage issues. It is looking at the conduct of the business and any persons who may participate in that - that is the legal framework through which they look - at the time that the tracker mortgage issues arose to acquire evidence to see if any rules were broken and what is the evidence supporting that. They are looking at the conduct of the institution and the context of the senior persons who were in place at the time taking those decisions.

They also are scrutinising the conduct of the tracker mortgage examination as the examination played out in the business. The committee heard about that earlier. I refer to the behaviour with respect to how they behaved in the examination, redress and compensation behaviours, behaviours with respect causation and other matters. All of the different regulatory frameworks are being considered and the evidence is being acquired and scrutinised from emails, minutes of meetings, interviews with employees and staff.