Ms Derville Rowland:

That is a separate matter. The structure of the work is that we must make the market assessment with respect to a significant proportion of the 1 million home policies and the 2 million motor policies issued. We must examine most of the firms, their business models and approaches. We can then have the data requests related to the impact on customers and we will also contact customers. That is the flow of work involved. If, during the course of that work, issues arise that are pertinent to our normal supervisory work, we will deal with them in that context. That will happen as is normal in every piece of work we do. Where issues arise, we deal with them. This is a huge piece of work, with which we will proceed. Where we have cause for concern, we will in our supervisory role deal with those issues in that context and separately from this matter. The report will probably be at the end of phase two. We may produce an interim report because we will need to have a certain amount of information to be able to report meaningfully on what is happening and the meaning of impacts. We may move twardso a policy prescription, if required, in that context.