Professor Philip Lane:

When we were here a year ago, we did say that this delay had taken place. It goes back to the culture report where the delay, by and large, was foot dragging by some banks. As we know, towards the end of last year, the banks more fully embraced their responsibilities in this report. As Ms Rowland indicated, what has happened is that those who were accepted at the end of last year have, by and large, been paid except for some technical issues. However, more cases came within the scope of this and the banks accepted that more of them needed to be included in the spring of this year. These are the remaining ones to be paid out. It goes back to the Central Bank not wanting to place an absolute deadline on this for fear of leaving someone behind. Numbers have grown partly because we did not close out the review at any point.