Ms Derville Rowland:

I will say two things. I take all the concern around this issue and I join with it. I do not think I have a difference of view regarding the outcome to be sought on this point. I will be perfectly clear, however. I or, I believe, my team, have not had a discussion with the ombudsman on this particular decision. It issues many decisions but I want the Deputy to understand we have regular engagement with the ombudsman about key decisions, risks and other issues. We meet with its staff regularly. This particular matter has not come up but I am sure that I speak for all the staff of the Central Bank of Ireland in saying that we have only desire, namely, where an issue like this has been decided, which was not foreseen in advance, and it is stating the truth that it is not a perfect system when events occur subsequent to policy frameworks, things need to be fixed. They should be fixed. We are committed to that.