Hon GRANT ROBERTSON (Minister of Finance): I thank the member for his question, and it is one that's been raised throughout the debate. Part of it relates to the way New Zealand organises itself, so obviously when we're dealing with prudential matters, that is primarily the responsibility of the Reserve Bank; when we're dealing with matters of conduct, that tends to be the responsibility of the Financial Markets Authority—although when it comes to banks in their banking role, that distinction is not quite as clear. But for the purposes of FMIs, what we're talking about here are two distinct parts of the regime.