Mr. Gerry Cross:

It is not a particular person in the Central Bank who was asked by legislation to decide something. The Central Bank is given the authority and the requirement to make these decisions, and it makes those decisions. We have a governance process that is thorough, detailed and comprehensive, and that is what we followed. We will have considered the merits and will have reached a view but, again, it is not appropriate for me to say that someone agreed, someone disagreed or someone took a different view because that is the decision-making process.

With regret, and I understand the frustration Deputy O'Callaghan has, to do our job effectively under the mandate we are given, it is important that we do not disclose things that we fundamentally should not disclose.