Mr. Niall Cody:

Yes, it is linked to the DIRT inquiry but it is also connected to the drive to combat money laundering and criminality. Tax evasion is not always the primary motivator and some of it just relates to criminality. There is an obligation on financial institutions to report any suspicions they may harbour. If we receive a suspicious transaction report, we are tightly constrained in terms of what we can do. We cannot inform anyone that we received such a report but we can use it in our risk analysis in order to determine whether there is a possibility of tax evasion.