Ms Mary Burke:

I do see a role for external auditors and for engagement between the regulator and external auditors but not in fundamentally changing the role of external auditors. The Central Bank ... Act 2013 has given us a more flexible framework for engaging with auditors regarding what they may uncover during their audit but I think banking regulation has moved on very significantly since the period that I was reviewing in my statement or commenting on in my statement. So, we have a more intrusive regime of supervision. The SSM is a game-changer, frankly, in terms of supervision of systemically important banks within the euro area, so I don't, personally, at this point see a need to change the role of auditors, certainly in the context of supervision if you wish to their role in some other respect, that is-----