Stay updated with breaking news from Davy hynes. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Central Bank to tell committee stronger regulatory framework needed in wake of Davy controversy The scandal has led to fierce criticism of the firm, and its CEO resigned at the weekend. By Cónal Thomas Tuesday 9 Mar 2021, 9:54 AM Mar 9th 2021, 9:54 AM 8,696 Views 49 Comments Image: RollingNews.ie Image: RollingNews.ie A SENIOR CENTRAL Bank representative will tell an Oireachtas Committee today that Ireland needs a stronger regulatory framework to hold individuals accountable for breaches. Director General of Financial Conduct at the bank Derville Rowland will make her comments following a fine of €4.1 million against stockbrokers Davy after a probe found four breaches of market rules by the company between 2014 and 2016 in relation to a bond transaction. ....
Stockbrokers Davy apologise for failures after €4.1 million Central Bank fine The Central Bank announced the fine levied against Davy yesterday. By Orla Dwyer Wednesday 3 Mar 2021, 8:18 PM Mar 3rd 2021, 8:18 PM 15,233 Views 0 Comments File image of the Davy office in Dublin. Image: Rollingnews.ie Image: Rollingnews.ie DAVY HAS APOLOGISED “unreservedly and unequivocally” in a public statement for failures that emerged from a Central Bank investigation. The board of stockbrokers Davy has released a public statement after the Central Bank yesterday levied a fine of €4.1 million against the company. The regulator announced its findings after an investigation revealed four breaches of market rules by Davy stockbrokers between 2014 and 2016. ....