But Ms Rowland backed away from any suggestion the Central Bank investigation had found evidence of criminal wrongdoing.
She said her team had considered both the evidence and their obligations and did not form the view there were criminal reports to be made . Now that the details are out, we are prepared to engage with other authorities, she said, later mentioning the Garda and ODCE.
She said the Central Bank was maintaining continued supervisory engagement with Davy as a regulated firm and her team was keeping all its options open, but she would not be drawn to speculate about further action against individuals.
Data protection landscape more uncertain than last year, survey finds
Brexit, remote working and the Schrems II ruling are the top three concerns in terms of data protection for Irish businesses, according to a new survey.
In May of this year, GDPR will have been officially in effect for three years. In that time, a variety of data protection investigations, fines and breaches have been in the headlines and data protection came to the forefront of business concerns.
However, while plenty of businesses have stepped up their actions in the data protection and privacy space, the ever-changing landscape has caused many leaders to worry about ensuring maximum protection when it comes to the data their companies hold.