Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Does Mr. Masding accept that he and the board of Permanent TSB have the authority to deal with this outside of enforcement procedures? The enforcement procedures implemented by the Central Bank are very stringent. There is a high bar in terms of the type of procedures used and the evidence adduced. The bank can also hold individuals to account, like any company can. Mr. Masding is relying on the fact that the Central Bank did not hold individuals to account in terms of its thresholds. As a result, he has decided that his bank will do nothing.