Mr. Gabriel Makhlouf:

We are, as I said in response the earlier question, actively involved. We have made clear our expectations and I have made clear my expectations. The fact this is an extremely live issue means that, to a certain extent, I will not tell the Deputy exactly what we are doing, but rest assured, we are absolutely focused on getting this issue resolved as quickly as possible.

The fact the FCA is doing what it is doing is interesting. We have talked to it, but it is in a different jurisdiction. It is looking after what needs to happen in the British system. We are looking after what needs to happen in the Irish system. We have lawyers and all sorts of people involved in looking at what is essentially a legal issue, that is, does the contract the insurance company has entered into with a publican, for example, entitle the publican to cover? That then leads to another question if the answer is "Yes", which is how much? What is the quantum of that cover? These are legal questions. We are absolutely determined that insurance companies should pay up where they have to pay up. They should not be obligated to pay up if nothing is required in the contract. It is inevitable that in some cases this will need to be taken to the courts. Whether or not we can intervene in the way the FCA has been doing is precisely the issue we have been taking advice on. At this stage, all I will say is that we want to see this resolved as quickly as Deputy Doherty does. Nobody should underestimate our determination to do that.