Mr. Colm Kincaid:

I would be slow in giving jobs to others but the Central Bank will certainly play its role. To go back to what I said about where we are in the process right now, we have a set of proposals from the European Commission. We now have to have a policy discussion on what system we want in Ireland, on all aspects of the front and all the pertinent points Members made over the course of this discussion. There is a policy element to this that speaks of the Government being involved. There are definitely things the Central Bank and other regulators can do in executing. We have a very strong working relationship with ComReg, for example. I take on board the feedback from Deputy Doherty on engagement with social media companies. When it comes to policy, issues like compensation and the question of whether we should have a regime different from that of the EU, it speaks of some level of Government involvement. I cannot say which Department would organise that or how the Government would do so.