Mr. Colm Kincaid:

Mr. Casey mentioned the French arrangement. It is interesting to see how they have framed their proposal on IBAN matching. They have asked that the French payment service providers be encouraged to be proactive in exploring the possibility of promptly implementing a pay-confirmation mechanism in line with the European Commission's proposals. They have framed it as something to be explored and they have encouraged them to do so. We would be in the same position.