Mr. Gerry Cross:

It is to ensure the quality of the prospectuses. The issuer remains responsible for the accuracy and should not tell lies. The regulator is made responsible for ensuring the quality of the prospectus and that what needs to be there is there, is comprehensible and can be read and understood, is consistent and does not say different things in different places, and is complete. That is really important. That is at the heart of the discussion we are having. Our role is limited.