I propose to take Questions Nos. 86 and 175 together.
On 1 May 2003, the Irish Financial Services Regulatory Authority, IFSRA, came into effect. IFSRA has a wide regulatory remit, covering consumer protection and prudential supervision of practically all financial services, including insurance, and the services provided by them.
The legislation setting up IFSRA provided for the establishment of a consumer director who will have a clear role in consumer protection, with a strong focus on transparency, competition and choice for the consumer. On the question of introducing new legislation, this is now a matter for the consumer director of IFSRA, who has now been appointed, as I no longer have responsibility for legislation relating to the issues to which the Deputy refers.