Micheál Martin (Cork South Central, Fianna Fail) | Oireachtas source

I thank the Deputies for raising the issue. As I said earlier, what happened in Davy's is absolutely unacceptable. It was a disgrace and should not have happened. It has damaged not just the company but also, again, the reputation of financial services in Ireland. No stone will be left unturned in the context of strengthening the legislative regime. The Minister for Finance has made it clear - he presented to the Cabinet on this matter yesterday - that the SEAR legislation will be brought forward and that the heads of it are nearly ready. We will do everything we possibly can. I cannot prejudice in my commentary any further investigations that may take place in respect of this matter. The behaviour was not acceptable by any standard.

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