Mr. Oliver Gilvarry:

Coming back to the institutions we have here, we do not have GSIB entities, for example. As such, on balance, it should be smaller. However, we also have smaller SMEs. As such, it is a question of the entire SME supporting factor. We have need for a greater spend on infrastructure and it is about how that feeds through. We see an overall imbalance, whereby the impact would be less here, but it is difficult to determine from the impact assessments because the Commission makes them on a broad basis. It is hard to split them out to see what will happen to individual institutions.