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

Welcome Professor Honohan. Can you discuss the interaction between the Financial Regulator, the Department of Finance and the ECB in relation to legislative changes in regulation? Do you believe that the relationship ensured the Financial Regulator was able to communicate its views and concerns effectively? And the core document is Vol. 2, page 3 to 18, which is the Central Bank of Ireland's annual performance statement, financial regulation 2013-2014.