Mr. Niall Cody:

It certainly was not the case. I know this committee would have done much work historically on bogus non-resident accounts. There were certainly practices that were nearly run of the mill. It was probably seen as acceptable and as something that people were fairly proud to boast about. One of the areas where we receive strong representations is in respect of individual cases. They say they do not mind what the settlement is or what the penalty is but they ask not to be published in the defaulters' list. We have no authority not to publish if one meets the criteria. The publication list has remained fairly constant. There were 436 cases published in 2014, 450 in 2013, 483 in 2012, 366 in 2011 and 305 in 2010. There is little reason to find oneself published in the defaulters' list. The majority of people who are published have a very straightforward way of avoiding publication and that is to make a voluntary disclosure. One gets every opportunity to do so. Those cases, unless they are the result of an investigation or are part of an offshore account, and some are offshore, have failed to take the opportunity to comply.