Well, I commend the Member for engaging with the detail of this in a way in which his parliamentary colleagues in Westminster have seemed to refuse to do with the Welsh Government. 

I will just point him to the two strands of work that we've discussed in this Chamber on a number of occasions. One is the work, again, which is the work of the steering group that Huw Irranca-Davies is chairing, which has representations from across all sectors in Wales. And the second piece of work that is germane to this is the Organisation for Economic Co-operation and Development's review that the First Minister commissioned when he was Finance Minister, which is intended to inform, using best practice from other parts of the world, how we develop and deploy regional funds into the future.

We are absolutely committed to, as his question challenges us, deliver a system that is responsive, flexible, integrateable and also attaches the right weight to the question of audit and transparency, which his question identifies. And we hope that that work will lead us to be able to consult in the new year in greater detail in relation to those. But there is a very, very advanced set of work streams, dealing with exactly the sort of questions that he is raising in his own question, and all I would say is I would repeat the request that I've made to the UK Government to engage with us on this. We are really very advanced in our considerations here and we wish that they would engage with us properly on this question rather than continue to give us the promises that they have failed to deliver on so far.