Bernard Durkan (Kildare North, Fine Gael) | Oireachtas source

I accept that but it does not stop us having to raise questions as and when they arise. Public representatives are at the coalface and we are the first people the public will blame. They will not blame the Central Bank. They blame public representatives for not warning them. Someone must warn the public about cryptocurrencies and everything else. Some authority must warn the public as to whether this is a dangerous place to go, whether a fund is overextended, cantilevered and so on. There are plenty of signs or evidence of that. I am aware of the need for what some people call investment funds and are investment funds and some people call vulture funds and are vulture funds. At a time when very little was moving in the economy they had a role. However, I am a little worried about the secrecy surrounding them. For example, as the Chair has raised before, if what was seen as an irregularity, a risk or possible carryover, is presented to the Central Bank, what is done? Is the risk examined or the person presenting the case examined and awarded for alerting the Central Bank to the forthcoming possible overextension as necessary? What happens? If I am a risk manager in an institution and I bring something that should not be happening to the attention of the Central Bank, what happens to me and what action is taken?