Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

Thanks Chairman. Welcome, Mr. O'Reilly. For the purpose of an internal review, I'm going to document Vol. 3, page 40, which is effectively, it's a section 33AK document but it's ... it's in the aspect, really, of the internal view of the first crisis simulation exercise in 2005 that in a crisis scenario there is a limit in the type of information that can be provided by a principles-based regulator. Can you comment on this and how was this reflected in the next exercise?