Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

It relates to the IMF report, which identified that the Central Bank's enforcement staff level was 20% below what had been sanctioned. Some 72 staff positions are sanctioned for 2016, yet only 58 staff members are in place. The report also mentioned that the Central Bank was not considering taking summary proceedings, those being, criminal proceedings, against insurance companies and had instead opted for administrative sanctions. Dr. Roux stated that there was a high cost to proving criminal cases and a low fine was imposed as a result, but is the Central Bank seeking for the fine to be increased in legislation? Were there situations in which the Central Bank could have pursued criminal sanctions against the insurance industry?