Peadar Tóibín (Meath West, Sinn Fein) | Oireachtas source

I understand, but why would we not simply regulate? We have experience of deregulation in this State. Our banking inquiry, which is taking place in another committee room, is focusing on the fact that there was a policy trend towards deregulation and a lack of implementation of regulation which resulted in the crisis that happened for us as a society. I understand the Minister has differentiated between the two aspects, the front end and the back end, with respect to the mortgages, but why would we not regulate? What is the negative outcome of regulating the owner?