Oireachtas Joint and Select Committees

Thursday, 31 May 2018

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Markets in Financial Instruments Bill 2018: Committee Stage

10:00 am

Photo of Michael D'ArcyMichael D'Arcy (Wexford, Fine Gael) | Oireachtas source

I do not have information on the substantive white-collar crime aspect. I just have information on what I have responsibility for, that is, MiFID, the sentence of ten years and the fine of €10 million.

They follow on from the previous regime. Under MiFID 1, there was also a fine of €10 million and the potential for ten years in jail.

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