Mr. Patrick Neary:

Well, I think what happened subsequently within some weeks of that is that developments in other jurisdictions emerge where the market ... there was a market expectation that the tier 1 capital levels that had been established under the existing solvency ratio requirements were too low. And other jurisdictions started to ... to essentially maintain a higher tier 1 and total capital levels. And it was something that, if you will, developed to satisfy the expectations of the market and as an indicator of financial strength, and it was in that context that the discussions started to centre around the need to demonstrate that the Irish banks could meet the higher capital requirements. That's a separate matter. That evolved subsequently and it was in response, I think, to market expectations.