Sean Barrett (Independent) | Oireachtas source

Could I bring you back to Vol. 1 on page 19 if I may? And it will come up on your screen:

Anglo

The Risk function in Anglo was inadequately resourced and did not have the conviction necessary to ensure compliance with credit policy. [...] The Board [therefore] lacked an internal, robust source of risk assessment and external feedback.

He also raised the issue which Deputy John Paul Phelan had as to he's not sure whether the key letters from the Financial Regulator were passed on to either the risk and compliance committee or to the board.