Mr. Niall Cody:

It has the potential to seriously impact on business models. Deputy Deasy asked about our ICT and our people and infrastructure. These are the things we can control but we cannot control the fact that the UK will become a third country if it leaves the EU. This will have significant impacts on business. In a way, with regard to the debate around the withdrawal agreement, if all of this was easy and there was a solution to all of it, it would involve the UK staying in the Single Market and customs union.