I still believe in self-regulation and I hold to the position that accountancy bodies can do a good job. I defended that position before the Committee of Public Accounts. Members of that committee felt, for example, that self-regulation was not working and that it would not work in future either. They believed that auditors should not be allowed to serve for more than five years in any company and that they should never be allowed to do non-audit work. However, we managed to convince the Committee of Public Accounts that it was not appropriate to go that far and that there were other ways of adjusting those issues.