Ms Brenda McVeigh:

It has been a very short time period for all of us and it has gone at a hundred miles per hour. The only analysis was that done by the Central Bank of Ireland and the ESRI in the context of the original proposal. However, the goalposts have moved since then. It is four to five months now since the working parties began again on the analysis of the new proposals - since enhanced co-operation. There would not have been time to do an impact analysis in that time. We have asked the Commission, through the working parties, to come forward with an appropriate and detailed impact analysis, but we do not even have that from them.