Mary Lou McDonald (Dublin Central, Sinn Fein) | Oireachtas source

On the positive side of the ledger, the Central Bank representatives have accepted the report and they have remediated the shortcomings, so they tell us. On the negative side, my reading of this in respect of the Central Bank is that the lack of compliance was quite shocking. I appreciate the nature of operational risk and that there are no 100% guarantees. I appreciate the level of growth in terms of the staffing numbers. However, Mr. Quinn referred to issues with fairly rudimentary things like a formal discretionary severance policy. In all fairness, it should not take the Comptroller and Auditor General's office to have to come in for the Central Bank to recognise this. This is the Central Bank, not the corner shop. Do the representatives understand me? The bank is a central pillar of the entire system of the State. Other issues included delegation of authority, a revised probation policy etc. I am glad the bank representatives accept the findings, but I am concerned by the lack of compliance the report reflects. This is something we will have to keep an eye on, if that is the case. I almost work on an assumption, God bless my naivety, when it comes to big institutions such as Central Bank in which there is a large staff. How many people work in the human resources function?