Seán Fleming (Laois-Offaly, Fianna Fail) | Oireachtas source

While we are on it - to get the supervisory function out of the way - will there be two levels of supervision and will one type be more intense? By definition, if some of the institutions are more significant the risks attaching if something goes wrong are far more serious. Will there be two tiers of supervision between those that are being regulated under the current regime versus those that will come under the new single supervisory regime? Is Mr. Carrigan saying it is the same thing?