Pearse Doherty (Donegal, Sinn Fein)
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I do not think the first point is valid because it is only concerned with an individual bringing the contravention to the attention of the regulated financial service provider or the Central Bank. I am talking about somebody who has been found out and has not co-operated. In that instance, there would be no reduction in the penalty because there was no degree of co-operation. For somebody who actively frustrates an investigation, and I do not want to draw this out, I am not sure that the reading of this text can allow for this. There has been no degree of co-operation, so therefore the penalty imposed will take that into account. However, there can also be active non-co-operation and frustration of investigations. We saw this happen in the past. Some of this can be really big stuff. I just wanted to draw the Minister's attention to that.