Ms Elaine Cassidy:

I have a comment on the issue of legislation. The committee asked if there were weaknesses. Our new Act commences on 1 January. It allows us to publicise findings, which is very welcome, but it obliges us to do so with the name of the institution redacted. I do not think that is very dissuasive for the institutions involved. If the banks were named, it would really encourage a lot more compliance.