Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

In your own words you were advocating that Ireland was a light touch, sorry, "very lightly regulated compared to most of our European colleagues and the burden on business of regulation tended to be lower than in many other EU member states." So do you accept that you were aware that the Financial Regulator who accompanied you there was pursuing light-touch regulation with the banks? And if you were aware then how can you say that you'd be damned to take responsibility that wasn't your responsibility?