Mr. Cormac Butler:

The committee could do a second thing. I mentioned it previously, but I will repeat it. When representatives of the banks appear before the committee, members could ask them whether the report on the future of audit is correct, whether they agree with the judgment in AssetCo v. Grant Thornton and whether they agree with the George Bompas opinion. If they agree with all of them or if they raise no objections, they are of the view that it is not legal to delay the recognition of losses. Therefore, they will need to restate their published accounts.