Mr. Pat Farrell:

That's a good question, Chairman. I know that that has been a topic here, and it has been explored with some of the previous witnesses. I think the conclusion of Nyberg, the conclusion of Honohan, and, indeed, of Patterson and others, has been that while there was a clause, if we'll call it that, in the mandate of the Financial Regulator, that said it should promote financial services, that the overriding mission statement was to promote and secure financial stability. I think that, without misrepresenting them, I think they all pretty well said that that did not become a barrier to good regulation. They also ... I think again, it has been said here that we work within an EU-wide framework of regulation so it had to be applied without fear or favour regardless whether it was international or domestic bank. So, to the net point, I don't believe it did; I think there's a, kind of, narrative out there that says otherwise, but I don't think the evidence supports it.