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

Okay. Can I ask you, your predecessor of the CEO of the Financial Regulator made a comment for the purpose of the internal review of the crisis simulation exercise in 2005. He said "That in a crisis [and this is summarised] ... that in a crisis scenario, there is a limit to the type of information that can be provided by a principles-based regulator". Can you comment on how ... on this and how this was reflected in the next exercise?