Kieran O'Donnell (Fine Gael) | Oireachtas source

Did the Central Bank ever look at doing it using a universal standard? Redress should be standard, because redress is basically putting people in the position they had been in. It should be cut and dried. It should be based on the rate they should have been on versus the rate they were on. It should be straightforward. Compensation is more arbitrary. Did the Central Bank not consider coming up with standard measurements or metrics on how to calculate compensation, such that we would not have this arbitrary over-and-back with the banks?