Mr. Kevin Thompson:

If the Central Bank of Ireland makes a request to any of our members - it has the power to conduct themed inspections and to focus on a particular issue - that information is forthcoming. There is no question whatsoever in this regard. On the point made by Mr. Michael Horan regarding the scoping exercise, that is why we are engaging with stakeholders. That is why we are engaging with the Injuries Board and why we have engaged with the Society of Actuaries in Ireland. We seek the views of all stakeholders because if we are to conduct a scoping exercise, it is not something we really wish to revisit any time soon. We want to get it right. Another point regarding the implementation and which is part of the scoping exercise is that each of our companies is working off different systems. They may have different ways of recording stuff, and consequently we must understand exactly what each company does in the marketplace. We must then ask how those data can be extracted and aggregated in a way that is meaningful and which the public can understand.