Ms Gill Byrne:

Perhaps I will come in to respond to that. I do not think we are debating the local deficiencies and the requirements for that. What we are trying to understand is what that process will look like and how that process and assessment will be undertaken to ensure it is manageable, fit for purpose and achievable from our members' perspective. It is maybe a gap in our understanding around the process itself and the timelines of when it will be implemented. That is why in our response, and Mr. Hayes referred to it in the opening statement and it is in the briefing document, we are very much encouraging an open public consultation and further engagement with the Central Bank of Ireland. We think that is imperative.