Ms Deirdre Aherne:

I will take that question. As for the commission on credit unions, the regulation-making powers given to the Central Bank provide flexibility to allow the registrar in the Central Bank in the future to review and update regulations as appropriate and this can be done on a timely basis. I believe the regulator has indicated that the Central Bank will look at the investment side of things in 2017. It is appropriate that the regulator has those powers because he or she is the one who sees what is happening on the ground. We are a little detached from what happens within credit unions because the regulator has probability risk and impact system, PRISM, visits where they visit credit unions individually whereas we do not.