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

To go back to previous questioning about the guidelines that existed from the Financial Regulator, and, you know, on concentration limits, 200% for a sector and 250% for two related sectors. The constant answer that we've had from other witnesses, including yourselves, is that, you know, a changeover was taking place to Basel II. Did you not, or did you, have any personal qualms about the fact that not only was AIB breaching those sectoral requirements while you were chief executive, but that the breach actually grew once it had been pointed out?