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

One of the propositions that this inquiry will have to ... will test and has been testing is the following: that principles-based regulation was a universal framework in which all OECD countries and associated ... operated within, but a proposition could be made that light-touch regulation was an interpretation of it in this jurisdiction that made principles-based regulation ... or principles-based regulation as did ... the operation, somewhat different and that the establishment of the IFSC created a particular dynamic around that - that everybody wanted to see the IFSC succeed and a message had to be sent out to that sector. Were you somebody who promoted, during your term in opposition as a finance spokesperson, that Ireland was a place to come to where you would get soft-touch regulation or light-touch regulation?