my honourable friend from the front benches made the point about the gaps  in er these regulations, they don't cover lloyds, they don't cover pension schemes, pension funds  they don't cover banks which are domiciled er in the  er in in the united states but er we also have the point which i made in the  interjection to the minister that unless there's a duty to detect fraud er er as well as report it, it's really doubtful if the auditors can perform  er the function.