Marc MacSharry (Fianna Fail) | Oireachtas source

Thanks very much, and thanks, Mr. O'Reilly. Can I ask you was it appropriate that the domestic financial institutions were regulated in the same manner as the international institutions? I know this was touched on earlier. In your view, were the regulatory institutions of the State focused on non-labelling of the IFSC as an offshore haven instead of ensuring the domestic banks were regulated in a sufficiently robust manner to mitigate against financial stability risks arising from the domestic sector?