Ms Brenda McVeigh:

The Commission has issued a questionnaire to all member states asking them for details of the types of transactions and institutions operating tin their jurisdiction and the current situation in regard to taxes and so on. That questionnaire is vast and very complex and, as such, will be difficult to complete and will take time. We have issued it to our authorities asking them to complete it, and the same is being done in all member states. Everybody has acknowledged that it is an extremely complicated document, but it will be done and the information will be compiled by the Commission. The latter should, in my view, have gathered this information at the beginning of the process.