Mr. Con Horan:

Well, the 2006 stress test was carried out in conjunction with the financial services assessment programme that the IMF were conducting on Ireland in 2006, so the previous ... so the financial services assessment process was essentially where the IMF came into a jurisdiction and looked at the approaches and the methods of supervision, engaged with the banks, etc., to find out was the system suitable in terms of protecting financial stability. As part of that exercise, they did the stress testing. They also analysed the system of supervision and they were directly involved in the process as well, so ... and they would have issued their report and commented in the financial services action plan assessment of Ireland. So, quite frankly, I'd no reason to believe that that ... that that wasn't conducted in a diligent way because, if I recall correctly, the IMF actually said that there was a richer level of information in 2006 than there had been previously, primarily because banks were developing their own risk models under the Basel process.