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

Well, maybe I'm not ... I'm not talking about principles-based, which obviously can be dubbed as right-touch ... light-touch regulation. I'm talking about super light. I'm talking about the fact that administrative sanctions, additional capital, which all happened within a principles-based regulation model. But those didn't happen, as you outlined the reasons why some of them didn't happen. Did that type of, kind of, super light regulation take place as a result of the impact that could take place as a result of the ... contrary to that could have an impact on the financial services centre?