Oireachtas Joint and Select Committees

Tuesday, 9 March 2021

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Central Bank of Ireland: Discussion

Photo of John McGuinnessJohn McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

The sound quality is very bad, Mr. Sibley. The question is about whether the Central Bank has confidence in Davy Stockbrokers in terms of there being no other issues that will come out of the woodwork. Does it have confidence in these characters who delayed this investigation for so long carrying out Davy's own independent investigation? I want the representatives of the Central Bank who are present to understand that the Irish public is fed up with insiders looking at themselves. They are fed up with the insider trading that is going on, the arrangements and the bypassing of regulation. They are sick to the teeth of it. They see that the Central Bank, as regulator, is doing a job on this occasion, but I am afraid that there are many other questions that have to be answered in the context of building up trust. One has to build up the trust of the Irish public as well. Is the Central Bank confident about Davy Stockbrokers carrying out the independent investigation? Is it confident that this is the only glitch?

Comments

No comments

Log in or join to post a public comment.