Joe Higgins (Dublin West, Socialist Party) | Oireachtas source

Just moving on, Mr. Begg, would ... to quote from your statement:

With the enactment of the Central Bank of Financial Services Authority of Ireland Act in 2003, I was re-appointed to the board of the Central Bank but not to the Authority. Thus I had no further involvement in supervision or regulation of the Banks.

And then again you say:

The 2003 Act was fairly specific about the respective roles of the Regulator and the Central Bank. The Regulator was autonomous in his powers and responsibilities. The only areas of joint engagement was in relation to sign-off of Financial Stability Reports and shared services such as IT and HR.

But that's not what the legislation dictates, is it?