Another broker in line for censure

The Central Bank is expected to censure and fine another well-known stockbroking firm this week for transaction-reporting failures as officials scrutinise the sector for regulatory compliance, *The Sunday Business Post* has learned.

The action comes on the heels of last week's €50,000 settlement agreement with Davy for its inadvertent failure to accurately report more than 80,000 transactions over a three-year period after the introduction of new European regulations in late 2007.

The Davy ...