Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

I have another question for Ms O'Rourke following on from what we were talking about. She has not given us her opinion of the legislation in her written documentation so perhaps the organisation does not have an opinion on this. The legislation deals with a three-tiered strategy based on asset size. As a result, there will be different requirements and governance in respect of the credit union and tiers one, two and three. There is a two-tier structure in the other part of the island under the SFA but it is based on risk and complexity. One of the arguments put forward at the meeting of the committee yesterday concerned the best approach. Should we be looking at a tier structure under asset size alone so that one has the same type of regulations for a smaller, highly risky credit union with the same asset base or one with low-risk products but in a large urban area so it has a large asset base? Has Ms O'Rourke an opinion on this?