Mr. Richard Walsh:

I wish to add something. Certainly, the Deputy’s observation that the underlying trend is growing is absolutely true and it is a global phenomenon; it is growing. Compared with the UK, Ireland has done quite well in respect of APP. I will not say it is at a low level but if you average the APP losses across the Irish population versus the UK population, Irish citizens are probably suffering about half or just less than half of what the UK is suffering. Our concern is that the UK is now bringing in measures that will see it tightening up and fraudsters finding greater difficulty to operate in the UK. We will certainly see them start to now focus on Ireland. It most important that we do not end up being the most vulnerable country, because we will draw attention. That is why we are very keen to see that multiyear strategy be driven by the Government.