Professor Patrick Honohan:

Yes, there probably are a few things. On banking we are in the process of ramping up the numbers again, which will go to filling one of the gaps the IMF found. They said we didn't pay enough attention to the ... what are they called ... insignificant banks, something ... not high impact, but low impact firms. They wanted us to do more which may or may not be terrific use of funds, but hopefully when we get the legislation sorted on the charge back of supervision, institutions will pay for it. So we have to do more on that, and there's more to be done on insurance with a move to Solvency II, there's a lot more to be done on that. So there are ... but I think that's a constant battle, and what worries me is that the constant battle may lead to a bigger and bigger institution which will be harder and harder to manage. But that's a different matter.