In the last few years there were a lot of initiatives; there was a lot of effort put toward reducing overlap and duplication. Now only one agency approves new entrants into the sector. It used to be both of us; now it's only OSFI. Only one agency now sets out guidelines for sound business practice. That's OSFI now; it used to be both agencies. This has represented a tremendous decrease in duplication of activities.
Last year we pursued the work a bit further and looked at whether there were some back office costs that we could further reduce by partnering. That's still something that is on the table, but at this point I don't have anything new to report.