Mr. Gabriel Makhlouf:

I will ask Ms Donnery to come in but I just want to repeat what I said a few minutes ago. The regime - the new supervisory framework, the new regulatory framework and the resources we have put it into this - does not at the end of the day eliminate the risk that firms will fail. It does not eliminate the fact that managers, directors, and boards of companies make the commercial decisions. In the end, some firms will fail because their business model, ultimately, is inadequate. Our job is to make sure the impact is minimised to the largest extent possible and that the financial system and consumers are protected to the largest extent possible.