Ms Derville Rowland:

I am sorry, but if I might raise two things. The first is that we welcome the reference to additional powers. To be clear, we will consider that very carefully and keep that under review. We will take that very seriously and look at the powers that we have, the way they can be used and see if there is something that we should ask for or could consider that would be an addition to the increase in powers that the Central Bank received in 2013. That is very important to say and we welcome it.

When we were discussing on-site scrutiny of documents and paper assurance, that is entirely and only in the confines of this examination. I left outside of that discussion any talk of what goes on inside enforcement investigations because we normally do not talk about those until they come through to conclusion. That does not talk about what happens in enforcement. Enforcement involves interviewing individuals in the institutions, acquiring the information and looking at the minutes, so it does not cover what is involved in the forensic enforcement approach, which is running separate to the examination. There is a twin-track approach.