On the next page what I've done is try to thin
k about a suggested package from my point of view, and what I would say about the situation is that in terms of the entry of new firms in the financial services industry, I think the MacKay task force p
robably strikes the right balance between, on the one hand, making sure there is more competition in that sector and, on the other hand, guarding against the risks of failures of banks when you do that, and also, of course, the risk in te
rms of a completely ...[+++]open border, that head office locations will transfer elsewhere.