Many of the administrators in the countries in question charged with the task of developing governance systems aimed at preventing a recurrence of these situations looked for guidance to the work which had been ongoing here. Obviously, it has been necessary to transform these proposals into draft legislation. This required time but it is probably fair to say the road map devised should ensure Ireland will remain at the forefront of prudential initiatives in the commercial arena. This is imperative if we are to maintain international confidence in Ireland as a place in which to invest and do business.