Ciarán Lynch (Cork South Central, Labour) | Oireachtas source

Thank you very much, Senator. Just, coming back to just an earlier engagement there that Senator D'Arcy had with you, Mr. O'Reilly, in regard to the memorandum of understanding between the Central Bank and the Financial Regulator's office. Could you maybe explain to us, was there sufficient clarity on what should be dealt with by the regulator and was there an expectation that the Governor should invoke his rights and intervene with the Financial Regulator and did that happen on occasion?