Mr. Aidan Horan:

One of the biggest issues which bedevils governance is the lack of clarity on roles and responsibilities, about which there is confusion. Much of our report tries to nail down that there is not a cross-over or a hand-over between the executive and the non-executive. We tried to implement committee terms of reference, on which work is ongoing in order that nobody would be under any illusion about what his or her job was in terms of oversight or the accountability of the executive or the board. That is why there will be independent directors and an independent element on various committees. There is a process for holding people to account. Building in structures to allow that to happen is a recurring theme in the report. We are acutely conscious that it is a requirement in the roll-forward of governance in the FAI.