Five key takeaways as finance committee questions Central Bank over Davy case

Central Bank’s director of financial conduct said it ‘put a seminal fine’ on the stockbroker

Derville Rowland, the Central Bank’s director of financial conduct, declined to confirm whether the regulator will take action against any of the individuals involved in the Davy case

The Central Bank has declined to reveal whether it will take action against individuals involved in the 2014 Davy market breaches, but has said that the case remains a “live supervisory issue” and “all options are being looked at”.

It has also said that it did not find any suspected criminal activity when investigating the case.

These were some of the most attention-grabbing details as Derville Rowland, the Central Bank’s director of financial conduct, appeared ...