John Paul Phelan (Carlow-Kilkenny, Fine Gael) | Oireachtas source

Can I ... can I ask you, in terms of an indication given by a financial regulator that standards had been breached, again this is ... I suppose is a reference to your previous experience ... would it be common practice that the chairman and the board would not act to ensure that the breach would be addressed, or would it have been common practice that, you know, such rules would be seen as merely guidelines?