Correspondent for BBC2's daily news and current affairs programme Newsnight at time of giving evidence. Wallace specialised in investigations and contributed to other BBC outlets, he said. Gave the Inquiry details of BBC editorial guidelines for ensuring lawful, professional and ethical conduct of BBC journalists. The guidelines also incorporated the Ofcom Code, he said, since Ofcom regulated the BBC. In practice, his stories would be discussed with an editor and where appropriate a Programme Legal Adviser, he said.