Mr. Maurice Crowley:

I would probably struggle with the percentage. There are two layers to this. Within each organisation already they are what are called pre-approved control functions and control functions. Nobody can operate in those functions without the approval of the Central Bank of Ireland. That would be a senior executive team but it would also come down to heads of department. The Senator's point is that it is at a fairly general level. The control functions would reach quite far down into the organisation and while they would not necessarily be caught, for want of a better word, by the SEAR they would be caught and captured by the fitness and probity regime. There will be a continuing annual assessment, in effect, of people's fitness to act in those roles. The more senior roles are signed off by the Central Bank while the more junior roles are signed off after assessment within the bank but the Central Bank of Ireland has oversight of those internal assessments as well. It is hard to quantify. The senior executives constitute a smaller cache but the overall regime reaches much further down into the organisation.