John McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

This is the kernel of the problem in regard to people's perception of the Central Bank. It set deadlines but neither September 2016 or September 2017 were actual deadlines. When the Central Bank examines reports or engages in push-back, as it calls it, it should note that if the banks were as afraid of the Central Bank as their customers are of them, they would have given the Central Bank 100% of the information asked for. They would have made it possible for the Central Bank to engage in less challenging and pushing back. The reason the banks feel they can challenge the Central Bank and push it around, just as they bully and push around their customers, is because the deadlines keep slipping. This is how the bank officials, who are hard-nosed individuals, see it. That is the difficulty I have with the dates. If the Central Bank lets little things like this happen, the banks will take more and more time. That is the part that is not acceptable. If the Central Bank used the powers it has, it would be a lot easier to bring the banks into line.