Kieran O'Donnell (Fine Gael) | Oireachtas source

With due respect, the Central Bank with its supervisory authority over the individual banks should have known. Does Professor Lane accept that? There are over 8,000 homeowners involved. Does he accept that this has been a failure on the part of the Central Bank because it should have known this was going on given the sheer scale of it? Does he accept that this is a failure of the Central Bank on a regulatory basis as well as on a proactive basis in that it has failed to move on this particular issue properly before now? When will it conclude?