For that would suggest that when faced with incendiary charges by a critical regulator, and the potential loss of its licence, Standard Chartered felt it had no choice but to pay up.
On the other hand, lining up behind the first whistleblower to contact a regulator may be more witnesses and potential informants who lacked the courage to be the first one out of the gate.
The FSA said the measure was being put in place so that potential complainants were not disadvantaged by a delay in the regulator's own plans to revamp the way firms are obliged to deal with new PPI complaints.
What News Corp. has lost however by transferring authority over to a new regulator is significant, effectively forfeiting control over potential concessions and submitting themselves to the intense scrutiny from a new regulatory body that may not be as accommodating as Hunt, who green-lit the acquisition as early as March.
The foundation itself is nonpolitical, so when an inquiry comes from an industry regulator, our role is to explain what is and what is not possible in terms of potential regulation.