Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

So the banking directive at EU level was adequately transposed into Irish law and in terms of oversight, was that the limit of the European Commission's role during those years? There was no additional supervision and the Commission's only job was to ensure that the directive was transposed into Irish law. What about the implementation of the law? Was that entirely a matter for domestic authorities or did the Commission have a role in that?