I think their proximity to the U.K. is important, and to Europe as well. Speaking personally, I've learned a little bit of geography as a result of this, and some of the smaller islands in the South Pacific are new to me, but it is true that you don't have to have a vast land mass to have sovereignty and to be able to offer certain regulatory or tax advantages. There are some small jurisdictions that have seen the advantage of doing that. It has raised concerns for us, so we're trying to find that balance.
On December 13th, 2010. See this statement in context.