Seán Sherlock (Cork East, Labour) | Oireachtas source

May we have an update in the next quarter on the work of the implementation group? I suggest we send a message to the Department of Finance and the Central Bank that the committee will monitor the work of the bank very closely on behalf of the people we represent. We need clear, identifiable timelines and deadlines because progress has slipped. Contrary to what Mr. Carville said, tiered regulation was defined in the original commission's report. There were to be three processes for tiered regulation.