As you know, 2003 was a very significant year for us. We have been through a major restructuring process, which has seen the establishment of a new financial regulatory system. The Irish Financial Services Regulatory Authority is now responsible for consumer protection and prudential supervision while the Central Bank deals with all matters relating to Financial Stability.
I am happy to report that these new arrangements, which are in place for over a year now, are working very well. This restructuring has allowed us to take stock. As a result, we are also today publishing a three-year Strategic Plan for the Central Bank and Financial Services Authority of Ireland.