it's no good just saying you can report fraud er to er t t to the regulator, they should also be responsible to the shareholders, the stake holders, everybody involved  er in er er er a company er and in fact er they aren't  they have really responsibility to no one except the directors er  who appoint them, the company share holders are given very little information, the choice of auditors er is firmly in the director's director's hands, the depositors, the consumers, the employees er have no say er in the appointment of er auditors and more important the recent legal cases  for instance and the al saudi bank er er and berg  er sons er and company also  decided that er auditors don't owe a duty of care er to individual shareholders, potential investors, the current or potential creditors er even though that information is supposed to be there to help markets understand what is happening to that committee and the government showed no indication that it wants to reverse these judgements, it should reverse them, there should be specific responsibilities attached to  er auditors to give them a duty of care  er so that we get the information er and  er spend more widely and the share holders and the stake holders know what's going on er er er as well as er  the bank  or the financial  er institution er itself.