Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

There is a lot there. I am just taking it in. I appreciate what the Minister of State said, particularly the final point that consumer protection would not be different from one or the other. However, it appears from the speaking note the Minister of State read out that the approach being taken, which is that the credit firm as opposed to the retail credit firm will be regulated, is far less regulation. It is more like light-touch regulation of the entity which will hold the ownership of this credit in that it will not be required to furnish to the Central Bank its credit risk strategy and all of the other matters that were indicated. Given the amount of loans that entities would hold in this jurisdiction, is that not an issue of concern?