Paschal Donohoe (Dublin Central, Fine Gael)
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I am referring to section 53E of the new section. It refers to "honesty and integrity...having regard to the legitimate interests of the regulated financial service provider". Section 53E(1)(b) refers to the person acting "with due skill, care and diligence". Section 53E(1)(b)(iv) says "acting without detriment to customers, the regulated financial service provider, its related undertakings, or the financial system in the State". I contend that the act of deliberately planning a contravention would be in breach of those conduct standards.