Mr. Dermot Gleeson:

Yes, but, Deputy, I did point out to your colleague, Deputy Doherty, that I looked at ... this was not a regulatory standard. It wasn't a statutory instrument or a rule; it was a guide to assist us in supervision of the banks. And we were all translating over to Basel at the time and kept ... Mr. Garvey was a highly reliable and responsible individual. I believed he truthfully and faithfully responded ... reported the response, I should say. They did not regard it as significant.