Michael Ahern (Cork East, Fianna Fail)

The offence is set out in section 30 which provides that a person guilty of an offence created by Irish market abuse law shall, without prejudice to any penalties provided by that law in respect of a summary conviction for the offence, be liable on conviction on indictment to a fine not exceeding €10 million or imprisonment for a term not exceeding ten years or both. As the regulations must be cross-referenced with the section, the Minister will not set out the offence himself or herself.