Seán Sherlock (Cork East, Labour) | Oireachtas source

Not all 281 common bond credit unions will come to the Registrar of Credit Unions with a set of proposals. They will work their way up through their representative organisations. I presume the articulation of development of new business will be done primarily through the representative bodies, with which Ms McKiernan engages regularly. If I understand it correctly, in a nutshell, Ms McKiernan is telling me that more work needs to be done on the business model development piece.