Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

The point I'm making, Mr. Neary, is that a principles-based approach have principles of which you developed nine principles, which were followed up by codes and by conditions that had to be fulfilled by the banks but you did have ... you had no power, whatsoever, during your tenure as CEO to follow them up because of the staff resources that you have. I'm putting to you that: is it the case that you were the only jurisdiction, to your knowledge, that was in that type of position ... that you had principles but nothing else, nothing to back it up?