John Paul Phelan (Carlow-Kilkenny, Fine Gael)
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Okay. Did ... in evidence last week with Mr. Hurley, reference was made to the memorandum of understanding between the Central Bank and the Financial Regulator in terms of responsibilities, and it emerged that responsibility for overall financial stability rested with the Central Bank. In that capacity were there any decisions taken or discussions had in the year, we'll say, the 12-month period in the run up to September 2008 with regard to financial stability and overall responsibility for that?