Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

I am dealing with a different area. I do not want to lose track of the regulation side. Is Mr. Cullinan saying the regulator would not have conducted its own checks or done its own inspections of the levels of reserves of insurance companies such as Quinn Life? Did it rely entirely on the actuarial report and the auditor's report?