Mr. Liam O'Reilly:

There was a set of rules that were set out and they were being monitored regularly and, as far as I know - because I wasn't there at the time, during the ... the crisis period and pre-crisis period, - there was a constant monitoring of where people were in terms of liquidity, how much liquidity had left, what ... what sort of risks were about. And the system, I seem to remember Dermot Gleeson saying that it was one of the most conservative in Europe at the time in terms of liquidity provision.