Michael D'Arcy (Fine Gael) | Oireachtas source

This is a follow-on from protecting the franchise:

It was questioned whether, in writing to the Governor/Chairman, IFSRA had been fully aware of the Group's governance structure (i.e. that GRPC is the Court sub-committee for dealing with risk policy in the first instance) or whether this could be seen as implying that IFSRA lacked confidence in Executive Management to the point where it felt that it had to go "over their heads". IFSRA's approach was contrasted with that of FSA. [It was questioned whether] IFSRA was seeking to influence and direct the Group's risk policies. BOI experience with FSA was that, while they express strong opinions from time to time, they do not dictate policy to UK institutions.

I am going to the conclusion, Chairman, on page 9, "It was agreed that prior to issuing any formal written rebuttal, BJG [I think is yourself]-----