Mr. Tony Grimes:

I think in the crisis period it turned out to be sufficient. I think there was a lot of contact between, you know, the senior management of both sides of the organisation. So in general, you know, it was sufficient but we were still operating within the divisions of labour that had flowed from the 2003 Act, which meant that each side regarded its focus as rather exclusive: one side on the prudential regulation of financial institutions and the Central Bank side of the broader financial stability issues