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IAASA agrees settlements with Brian Hughes and John O’Callaghan

The investigations concerned the audit of the financial statements Greenlight Reinsurance Ireland DAC for the year end 2018.

The Authority has decided to impose a Reprimand and a Fine of €10,500 on Mr Brian Hughes. In respect of Mr John O’Callaghan the Authority has decided to impose a Reprimand and a Fine of €10,500.

The settlement agreement for Mr Brian Hughes is available here.

The settlement agreement for Mr John O’Callaghan is available here.