Both I and my Department maintain close contact with the Central Bank on a range of financial sector issues including the development and implementation of measures to address the mortgage arrears problem. In that regard the Deputy will of course be aware that last week the Deputy Governor of the Central Bank and myself announced additional new measures to tackle the mortgage arrears problem including the publication by the Central Bank of performance targets for the main banks to require lenders to systematically work through their mortgage book and to offer durable solutions to mortgage holders in arrears.