Ms Derville Rowland:

They are our assurance work. Our assurance work has been done on-site and off-site, and has looked at files. As a result of that we deeply looked into the issues and that crystallises the two issues that we have discussed with the committee. We are very unsatisfied with some of the decisions. There will be more and all of that will be complete. The system, as the Senator will have heard, depends on review by the lender, review then and oversight by its independent adviser, and the Central Bank, using its statutory powers or authorised officer powers. There is a pyramid of checks. We should be complete with every one of those lenders by Q1 2018.