Ms Mary Burke:

I will answer that question as best I can. There is a rule book. At least some of the rule book is written. When Mr. Aidan Carrigan speaks about the fact that we are looking at CRD, he is referring to the capital requirements directive No. 4. By definition there were three previous directives, at present we are on the third version. As it is being expanded there will be more rules. Yes, one can see the rules to the extent that they are EU legislation, to the extent that the EBA issues rules, guidelines, standards, all of which are published. They go through a consultation process and are finalised and published. I cannot give a guarantee that they will be particularly user friendly, by their nature they are legalistic and technical but they are available. Further rules are being developed. Therefore, the area about which the Deputy inquired, which might be captured under bank resolution, for example, currently the CRD would not go that far but they are working on a resolution directive which, in my recollection of the outcome of the recent summit, was that they wanted that finalised in the first half of 2013. That is working on a basis of national resolution regimes. Any aspiration to a pan-European resolution regime is somewhat further out but it is one of the goals of banking union and is recognised both by the Heads of State and, I think, by Mr. Draghi, in some recent statement that is essential.