Mr. Brendan Burgess:

The Central Bank seems to clearly know which company is the legal owner and which is the beneficial owner in the example I have given. It would be very difficult to get through to the funds. For example, if I wanted to have a meeting about the 10,000 Danske Bank customers whose loans were sold, I do not know who I would call. There is a separate firm doing the administration for those loans. It might be Proteus or the nominee company, which is the legal owner, or it could be the loan service administrator.