Marie Sherlock (Labour)
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I thank Mr. Cross and Ms Cunningham for attending. I welcome discussion. Many of us were frustrated at the long time it has taken for the heads of Bill to come before us, but we have them now. I have two questions. One relates to head 5 and the identification documentation of the responsibilities of senior individuals. Under that head, what will be the reporting requirement to the Central Bank? Will the Central Bank have a function to ensure that the documentation process is up to date? If we look at the UK experience, I note that a directory of certified persons was established at the end of 2020. Does Mr. Cross believe that is necessary or should be included in proposed legislation such as that before us?