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

Okay. Can I ask you, in relation to the ... and I'm referring to book of evidence, UBI - B2, page 28, and this is in relation to the inspection of commercial property lending exposures which was carried out by the Financial Regulator between 4 and 14 December 2007 and its General Findings - Medium Priority. The quote is:

The inspector's noted from the minutes of the RBS Group Credit Committee held on [the] 14 May 2007 that in relation to a €90 m[illion] facility being discussed for [blanked out customer's name], "The relationship team said they did not know exactly what the €70 m[illion] equity release would be used for", but that they were ... aware that [the blanked out customer's name], had tendered for two significant projects.

Was ... what was the bank's policy in relation to obtaining information on the purpose of a potential equity release?