If I detect the mood of the committee correctly, I think that we are rather anxious to ensure that, as far as possible, we remain in control of the affairs that are under our jurisdiction.Paragraph 18 talks about"mechanisms whereby the Executive could provide assurance".It suggests three models: an internal committee, an extension of the role of FRAB and an altogether new body.Although I understand the relevance of FRAB in the macroeconomic sense—and I agree that there must be liaison...