Peter Burke (Longford-Westmeath, Fine Gael) | Oireachtas source

I thank the speakers for their time. I wish to briefly move away from the loan book and the challenge of growing loans in the sector and talk about the regulatory reserve ratio and the blunt instrument that is there that all assets from credit unions have to have a 10% reserve in respect of them. The need for risk-weighted calculation was highlighted in the hearings. Is the witness suggesting that the skill set is not in the credit union sector to work out that calculation?