Mr. Oliver Gilvarry:

A timed amendment was passed, which will bring us up to February. The Deputy is right but this is a complex issue, and we are working through it. We have been engaging with the Joint Oireachtas Committee on Foreign Affairs and Defence on this. There is a report to come through. The Minister wrote to the committee. He also wrote to the CEO of the NTMA for views on this. We have been working quite closely with NTMA and ISIF on this. We have also been engaging with the Attorney General on this as well.

We have the UN list. As the Deputy knows, the UN list has only recently been updated. Before that, it was in place for a number of years with no changes. I think 15 companies have come off. There is one company that has come up. In regard to that list, as we understand it, a lot of entities did not engage. That is not anything against the list but the UN had written to a number of the companies on it, but very few engaged. We have to see what is the best approach on this, and the timed amendment gives us time to look at it and see how best it can be operationalised. This is something that we are very conscious of, particularly as we are moving through with the two funds on how we have this framework. There is a lot of work going on in the background. It is not just as simple as us putting a list together. We have to make sure that we are doing this right and we get the appropriate outcome.

I can pass over to my colleague, Mr. Pat Leahy, who has been leading on this, if there is anything he would like to add.