Mr. Aidan Carrigan:

That is set out in the bank recovery and resolution directive, on which we briefed the joint committee previously and which has now been agreed at Council level. That hierarchy is now subject to further review in the co-decision process of trilogue with the European Parliament.

That is what I indicated in my statement, namely, that we expect it to be concluded by the end of year but it is at Parliament stage. That is in regard to the rule book. The single resolution mechanism we are putting in place, backed by a single resolution fund, will operate that rule book but the rule book is set out under the bank resolution.