I have been advised by the Central Bank that the Bank will assist the Irish Payments Services Organisation (IPSO) in the development of terms of reference for the review and will consider the outcomes in conjunction with IPSO. Both the Central Bank and IPSO agree that they should be open and transparent with the findings where it is practical to do so e.g. the anonymity of member institutions will have to be protected. In relation to the review of the IT failure in Ulster Bank, the Central Bank will be working in conjunction with the Financial Services Authority in the UK, which is the lead regulator for the Royal Bank of Scotland group, of which Ulster Bank is a corporate member. The decision to make public the findings of that review will be a matter for the UK Authority.