We maintain an open dialogue with the domestic credit institutions in order to review issues affecting the domestic financial system and to facilitate the flow of information between our domestic banks and the ECB. This dialogue has been intensified in recent times through regular and ongoing joint meetings of Central Bank and Financial Regulator management with the senior executives of our major banks.
Furthermore, we continue to develop procedures to assess and deal with any concern of a financial stability nature that might arise. Finally, as I have said, we work closely with our colleagues in the Financial Regulator, who in the course of their regulatory activities have important insights into the operation of the financial system. Mr Neary will share these insights with you shortly.