Gerry Horkan (Fianna Fail) | Oireachtas source

I am just taking what was said because it is part of the overall dialogue. It is part of what we are trying to consider. By and large, Mr. McCrory knows this industry better than we do. We just want to hear everybody's perspective on it and try to see where the logjams are.

The final point, which I raised at a committee meeting with some people from the Central Bank, is that some credit unions have been fined for non-compliance. One was in Wicklow while another received a fairly substantial fine relatively recently. What are the witnesses' thoughts on or reactions to that level of fine? Were they valid?