There is merit in self-regulation and in relying on the expertise of people who know how business is done. There is merit in one accountant judging another. They know what the pressures of work are and what can reasonably be expected of another accountant in particular circumstances. It is very much in the interests of accountancy bodies and individual accountants to ensure others do not bring the profession into disrepute. By and large, they know the rules of the game, and it is in their interest to uphold them. That applies to other professions also. Therefore, I can see serious merit in the proposal and would be very reluctant to go down the road of tearing up a system that has, by and large, worked reasonably well.