Professor Philip Lane:

Let us make it simple, under the current comprehensive review every cohort of tracker debtors going back many years is being examined. At the end of this review we will know the numbers for all the banks. What happened with Bank of Ireland at that time was there was programme to remediate the situation for those 5,000 cases. In terms of other banks we have taken a more generic approach. We have said we noticed that in their communications policy they are not being upfront or comprehensive with their customers about the implications of moving from one type of mortgage to another.