On Air Now The Wicklow Way 6:00am - 8:00am Email
Now Playing FAKE FINE ROBERT GRACE Download

Central Bank Seeks Further Powers Following Davy Controversy

The Central Bank will today call for more powers to make individuals accountable, after the Davy stockbrokers scandal.

It will tell the Oireachtas finance committee that its existing enforcement powers aren't strong enough.
Davy was fined a record 4.1 million euro last week for wrongful trading practices by 16 of its employees in 2014.
The company yesterday closed its bond desk, as the controversy continues.
Finance committee chair John McGuinness says the gardai should be involved in the investigation.

 

More from East Coast FM Wicklow News

Later...

Co Wicklow Weather

  • Bray

    Light rain

    High: 16°C | Low: 9°C

  • Wicklow

    Light rain shower

    High: 16°C | Low: 9°C

  • Arklow

    Light rain shower

    High: 16°C | Low: 8°C

  • Blessington

    Light rain shower

    High: 15°C | Low: 7°C

  • Baltinglass

    Light rain shower

    High: 16°C | Low: 8°C

Listen Live Listen