Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

In respect of Brexit, one of the major concerns I have involves the Central Bank and the staffing profile. I will not go into that but I know the Central Bank is understaffed and has authorisation. My understanding from internal reports in terms of what it should have is that even if it was filled to the authorisation, it would still be understaffed. I understand that a major concern does not involve the number of entities that may locate here as a result of Brexit, but the complexity of the type of activities in which some of them are engaged. In respect of the City of London, the complexity and uniqueness of some of those entities are completely unique in an Irish setting and, therefore, the experience may not exist within the Central Bank because we are unfamiliar with that type of territory. How much of a challenge does that pose or is it just the case that authorisation would be refused in those circumstances?