Rose Conway Walsh (Sinn Fein) | Oireachtas source

I thank Mr. Masding for his opening statement. We met representatives of the ECB recently and a large part of our discussion was on non-performing loans. We wanted to understand the extent of the pressure from the ECB on Permanent TSB in terms of the sell-off. We spoke about the impact Project Glas was having. They made it abundantly clear that they were not in any way instructing the sell-off. Everyone understands the need to reduce the non-performing loans. It is astounding that Mr. Masding has this list of options and yet he has five options within that. My colleague, Deputy Pearse Doherty, pointed out all the options from A to K. Why are they there in the code of conduct if they are not being used? Is the ECB aware that Permanent TSB is using a very limited number of options?