 Yeah, so we were speaking to the Financial Conduct Authority earlier this morning. They gave us a lot of detail about a consultation period that they've had and the new regulations, talking about it being the biggest shake-up in 30 years for London. Let's bring in our EMEA Head of Finance and Investing, Tom Metcalfe, to see whether he agrees with that. So we spoke to the FCA in December about this. Then there was this kind of long consultation period.