Mr. Sean Quigley:

There was some controversy over an entity that the NTMA had engaged, State Street UK, for transition management. I am aware of the circumstances. The Courts Service examined the circumstances. First, we did not have any relationship with that particular entity in State Street but we examined the matter and considered whether there was any need to take action. The view that there was none in terms of going out to tender. However, we are in the process of changing the custodian within the arrangement with State Street.