The Central Bank has fined ICON PLC €10,000 in relation to breaches of the Market Abuse Rules.
ICON is a global provider of outsourced development services to the pharmaceutical, biotechnology and medical device industries.
The breaches related to the company's failure - as a publicly listed firm - to make two market announcements within the rules' timelines.
These related to transactions conducted last December by two people discharging managerial responsibilities.
The relevant announcements were not made by the firm until almost four months after the events.
The Central Bank said ICON identified the breaches and brought them to its attention.
In deciding the level of penalties, the Central Bank said it took the company's co-operation into account, the ''unintentional'' delay and the early state in the market abuse administrative sanctions procedure at which settlement was reached.
ICON has confirmed that it has taken steps to reinforce its procedures in an effort to ensure that such contraventions do not arise in the future.
The Central Bank's Director of Enforcement Peter Oakes said that firms must be aware of the seriousness with which it regards any breaches of market abuse law.
''Timely and accurate regulatory announcements are fundamental to the effective operation of the securities market and are an important source of information for users of these markets,'' commented Mr Oakes.
He added that a failure to discharge this important regulatory requirement also poses a risk to the Central Bank's ability to detect and prevent market abuse.
