Mr. Aidan Carrigan:

Yes. That has been addressed. Basically, the single resolution mechanism is a European institution. It is set up under the European Commission. In the first instance it will be accountable to the Europe Council and to the European Parliament but, similarly, because of the involvement of the national authorities there will also be direct accountability to national parliaments through the national authority, and there is provision for the executive director to also deal with questions or issues raised by national parliaments.