Mr. Cathal Sheridan:

It also will be able to use the staff of the local supervisor. That will be an integral part of the process because the local supervisor will be working with the ECB as part of the supervisory process. As they will be working together as a team, both will have an insight into the developing problem and an input into the process. There also will be a national resolution authority. The board obviously will make the decision and then both it and the national resolution authority will implement it.