Derek McDowell (Labour)

While those of us who are not expert in the field or who do not have much connection with it think we know what constitutes insider trading, I have no recollection of a high-profile prosecution under market abuse law in Ireland. Are the provisions theoretical or does it happen? How frequently have prosecutions taken place under market abuse law and what has been the typical outcome? We have all read of instances in which insider trading has been alleged, but I do not recall anything serious coming before the courts or criminal sanctions being imposed.