The hon. Gentleman is making some good points and has been very vocal in this Chamber to draw attention to the bonds of a similar nature that were also mis-sold. However is not subsection (5)(a) of his amendment, which would require,
“an assessment of the regulatory failures”
already covered by the Gloster report? Is not that exactly what that does? Has the purpose of his amendment not already been achieved through that in-depth and welcome report?