Mr. Bernard Sheridan:

I agree with the Deputy completely. When one regulates a company that operates outside one's country it poses additional challenges. The conduct of business standards across Europe is currently being developed to be more consistent. Again we believe our standards are higher than those in many other countries.

I hear the point the Deputy makes. It is more challenging but that is the model in Europe, that is what is allowed and provided for. People are entitled to do that.