Mr. Gerry Cross:

There is clearly a single rule book. The challenge is presented by the fact that the new issues have not had to be dealt with previously. Our view all along has been that we need to get to the right answer which, on the one hand, is appropriate and correct and, on the other, as Mr. Sibley said, recognises the constraints within which firms are operating and that Brexit is not of their choosing. We have a pragmatic, constructive engagement with them. The bit that was missing from it six months ago was that there had not been a discussion at European level about the correct approach to take to these issues. That discussion has been and is being had and it is proving to be very constructive and productive. That is the main issue on which I would focus.