Mr. Derek Moran:

The code of conduct on harmful tax practice, to give it its full title, is a sort of soft law instrument within the context of the EU. We attend it like all other members. It allows for a discussion where somebody thinks something harmful is happening in one jurisdiction and an element of persuasion in terms of the correction of that. That goes on all the time. As the Deputy correctly said, a report goes to ECOFIN twice a year. Mr. Tobin may wish to speak to those reports because he is more familiar with them than I am.