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

Can I turn now to Vol. 2, page 27 of the core documents? And there's a heading there on page 27 at the bottom of the page called "Constructive Ambiguity". I'd like you to explain for the inquiry, what the term "constructive ambiguity" means ... meant, in relation to how it impacted on your role as Financial Regulator.