Mr. Pat Leahy:

To the extent the Department was involved, it was about concerns over transfers of accounts and making sure accounts were closed within the banks and moved to appropriate accounts so people were not unbanked as a result of this. The Department’s main focus in this was making sure there was a proper transfer of functions, that individuals with Ulster Bank or KBC had moved to a new home and that it was properly done. The focus of the Department was not on safe deposit boxes. The Department does not have a role in regulating them. It would be for the banks to deal with those issues.