Mr. Bernard Sheridan:

We did take firm, specific actions before the Permanent TSB case. On that specific case, the appeals to the High Court and Supreme Court certainly made it difficult for us to progress the issue but we have been taking action and we have signalled that we will take further enforcement action against other entities for what they have done. We recognise that this is a very serious issue and we are putting the resources into it. That is the reason we are undertaking this examination and we will continue to use our supervisory and enforcement powers where we feel we have to.