Ms Mary Harney:

I am not competent, Deputy, to answer that question. The answer is I don't know, but one thing I do know is we didn't have that competence in the Department of Enterprise, Trade and Employment and the whole purpose of moving responsibility and having a single Financial Regulator was to have a more robust, more proactive regulatory environment with the appropriate expertise. And I did say earlier - and it's a view I formed during my time in government - that sometimes because of the salary implications of bringing in experts, many, on occasion, they have to be hired from outside the country. We go for bringing in two or three people when we might just need one with the particular expertise. I don't know if that was an issue.