Ms Derville Rowland:

I would say the regulatory approach and framework has transformed in the aftermath of the financial crisis. I had the great misfortune to come back to Ireland and start enforcement in the Central Bank at the time the crisis cracked. I spent an awful lot of my time, together with colleagues, retrieving documents for production in criminal investigations, which was to all of our shame and disappointment because we all live in this country and we do not want to see our system that we live in operate like that-----