Central Bank publishes Oireachtas correspondence on Davy

Relates to the record €4.21m fine imposed by the Central Bank on Davy for serious regulatory breaches
Central Bank publishes Oireachtas correspondence on Davy

The Central Bank has not named any individuals in the context of the Davy Enforcement Outcome.

The Central Bank has published correspondence it has had with Oireachtas members in relation to the Davy bond scandal.

In response to a series of questions posed by the Social Democrats TD Roisin Shortall, the Central Bank's Director-General Derville Rowland said the four breaches of regulations admitted by Davy are not designated as criminal offences under current regulations. 

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