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

I want to go back to the Honohan report for a moment there, Governor, and in the report it's evidence book, Vol. 3, page 69. You stated in the Honohan report:

The division of responsibilities between the Governor, the CBFSAI and IFSRA was novel and contained the hazard of ambiguous lines of responsibility especially in the event of a systemic crisis. However a number of provisions helped guard against any conflict.

That was the Honohan report when you published it. We have since had a number of personalities that were covered in the Honohan report before this inquiry and if I can refer to two of them in particular. In their statements made in front of the bank inquiry, John Hurley and Patrick Neary gave their views of their responsibilities before and during the crisis. How have your thoughts on their respective responsibilities and the responsibilities of the Central Bank, CBFSAI, and the Financial Regulator, IFSRA, and how these were acquitted/developed in light of these statements?