Mr. Fergal Ó Brolcháin:

I would not like to reference any particular member state. If one looks at the intention of the measure, it is obviously forward looking. It is, in one sense, looking at the experience leading up to the time when this problem erupted and the view is that if we had been in a position to take certain actions along the lines provided for, some of the problems may not have arisen. It looks at the matter in this way and projects it forward to be used to develop an instrument to deal with this type of issue in future.