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

And in that regard, and I'm putting the question to both of you again, and then I'll move swiftly on to Deputy Higgins: what we're talking about here is that there was, sort of, micro behaviour taking place over in the regulator's office in regard to microeconomic factors and such. The regulator's office primary duties were in two areas; one, consumer protection and the other one is the regulatory structure in which the financial institutions would operate. The Central Bank had a broader brief, which was the responsibility of stability, and the wider stability, so was the issue of the micro activity being looked at in a stability context by the Central Bank, by your recollection? Mr. Begg?