Why the Davy story is Groundhog Day for the financial sector
Updated / Tuesday, 9 Mar 2021
14:30
The Davy Group HQ in Dublin where the company s slogan it s not just business, it s personal can be seen in the window. Photo: Artur Widak/NurPhoto via Getty Images
Opinion: can anything can be done to prevent this type of opportunistic conduct and misbehaviour in banking and finance?
The news that the Central Bank of Ireland had reprimanded and fined the Davy Group for regulatory breaches will not come as a surprise to many. The Central Bank found issues with conflict of interest identification and management, personal account dealing framework and the firm s compliance function. The Central Bank s observation that the compliance function was circumvented by a consortium of 16 senior figures in Davy is a far more challenging problem, soemthing which highlights insufficient levels of governance and a climate that tacitly condones opportunistic behaviour.
Local roundup: Marauders bow out of D-I boys hockey tourney
Tom Lyons
Modified: 3/3/2021 11:20:31 PM
Staff Reports
CONCORD Should the Concord High boys hockey team require any references or reviews as it moves on in the NHIAA Division I state tournament, longtime Hanover coach Dick Dodds would probably be happy to help.
Dodds and his Marauders (3-10-0) saw their season come to a close on Wednesday night in a 5-1 first-round tournament loss to the Tide (13-2-0) at Everett Arena. Senior Tom Lyons scored Hanover’s only goal, and goalie Luke Ives kept busy with 35 saves.
The Marauders had the misfortune of running into Concord at both ends of its schedule. The Tide, which ended last year’s pandemic-stopped tourney as co-champions with Bedford, recorded 4-0 and 8-2 wins over Hanover to open the year and closed it in similar fashion.
); The aristocracy of radio : What will Bauer s purchase of Communicorp mean for Irish airwaves and listeners?
Bauer’s Irish move could be a ‘shot in the arm’ for the radio industry here. By Ian Curran Thursday 25 Feb 2021, 6:30 PM Feb 25th 2021, 6:30 PM 16,044 Views 0 Comments
Image: Shutterstock/PrinceOfLove
Image: Shutterstock/PrinceOfLove
WITH THE PURCHASE of Communicorp by Bauer Media, the consensus is that Irish radio is about to go through a major transformation.
Industry experts have reacted positively to the news and believe the German media giant is ideally placed to grow the business which includes Today FM, Newstalk and 98FM after a major restructuring in 2016.
Opinion: when it come to funding journalism, there are a number of options on the table, from reader subscriptions to State support
Facebook s drastic decision to ban Australian media outlets was another twist in a long-running conflict between tech companies and news publishers. While that spat now appears resolved, it highlights the debate about how quality journalism is critical to a functioning democracy. Journalism asks questions of the powerful, exposes corruption, keeps the public informed and provides the first draft of history. Recognising these public goods does not negate important criticisms of news media and dubious journalism practices.
The key societal challenge is not bailing out the news media industry, but finding sustainable ways to fund quality journalism. Traditionally, news outlets relied on advertising revenue to cover their costs. Unsurprisingly, this raised concerns about the extent to which business interests influenced the news, a concern that