Gerry Horkan (Fianna Fail) | Oireachtas source

The common rule book is in place. In theory, every member state should adopt the same approach, with the same level of regulation and intrusion or otherwise. Mr. Sibley may be unable to answer this question, but certain countries are rushing to attract jobs from the United Kingdom. They are stating, "Come here and it will all be fine." It has been suggested the Central Bank, as the regulator, is not in a position to act as a salesman, that that is the job of others. Is there a sense Ireland is seen as being a little more reticent about being open for business? The Central Bank job's is to regulate. Does Mr. Sibley get a sense that other countries are being more aggressive in their sales pitch and in that regard suggesting regulation will not be an issue?