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

Okay. Can I ask you just to, finally, in terms of light-touch regulation, I'm not sure if you're aware of it. It's an issue I have raised in the House before. One of the companies that you regulate, on their website promoted that they were basing a facility which provided light-touch regulation without the costs of an offshore entity, without the ... or a tax haven without the costs of a tax haven. This was their promotional strap on their website. Can I ask you, how could a company that you regulate promote itself in that way? Or are they allowed to say whatever they want or ... what's the rules in relation to that? Or are they correct that they do ... are regulated in a light-touch way? This is a company in the IFSC.