Ms Anna Walsh:

I will echo much of what Mr. Hall has said. I applaud the initiative of IMHO with AIB. My major concern is that it is just for a certain cohort of people; it is not available to everybody. I witness the disillusionment, the disgruntlement and the pain of the clients coming into MABS for whom these options are not available.

I noted Deputy Donnelly's comment on quality. I am very concerned about the quality of solutions. We have spoken at length about the quantity, but the real issue is quality. I really wonder if the standard financial statements are sufficiently stress-tested. I suggest they are not. Further, I think there is a great need for some organisation such as MABS to monitor the arrangements post-resolution and continually review them, particularly split mortgages. Somebody has to be there to assist and support the borrower in looking for review and monitoring post-resolution. It is only then that we can deliver quality.