Some of the legislative amendments are in train and we are co-ordinating our approach to the Quantitative Impact Study with the rest of the region, but we have already done a Preliminary Survey. Bahamas is the only country in the region which seems to be ahead of Barbados on implementation and their deadline is 2010.
We will therefore need to accelerate the implementation process if we are not to be forced to adjust the date. In developing a programme to advance the implementation of the project we need to focus on the adequacy of training resources for Basel-related activities and the capacity of existing technology to manage and assess data.