Peadar Tóibín (Meath West, Aontú)
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The legislation refers to the expansion of investigative powers. My question is on resources. While it is fantastic to have all the legislation in the world, it is not worth the paper it is written on if it is not enforced. I appreciate that Mr. Cross’s colleague has said the objective is to change the culture. Ideally, enforcement might not need to expand if the culture changes. I hope that will be the case but my instinct is that, in the real world, enforcement will need to happen before the culture changes. What new resources will be needed to increase the investigative and enforcement powers of the Central Bank?

My last question is on timescales. How long will it take to come up with the additional investigative and enforcement capabilities? How long will it take for the new regulations to be put in place?