Mr. Raymond Byrne:

There is no doubt that what needs to happen is that as far as the commission would be recommending in the report, the existing regulators can engage in very good co-ordination between each other in terms of some of their overlapping responsibilities. That is certainly something that is done and can be done through various mechanisms, sometimes in legislation, sometimes through memorandums of understanding. That is certainly something that works quite effectively in a lot of situations.

In terms of the corporate crime agency, there is no doubt that if it does have those kinds of skill sets under one roof then it can work very effectively with the existing regulators. That would be extremely important, as well as the issue of proper resourcing.