Mr. Colm O'Neill:

Mr. Forde hit most of the points there. On the review of financial undertakings in the context of whether they should be included or excluded, during the negotiations on the directive there was a lot of debate on whether the financial institutions, such as credit institutions, investment funds and insurance companies, should be included within the scope of the CSDDD. It was strongly debated during the trilogues between the Commission, the Council and the European Parliament. What came out of those trilogues was a compromise to the effect that financial undertakings are not completely outside of the remit, so the downstream part of the chain of activities or financial undertakings-----