Boxers signed contract saying they wouldn't bet on Olympics
Ireland's Olympic boxers signed a contract saying they would not place bets on the Games before travelling to Rio de Janeiro.
Every member of Team Ireland also attended workshops where they were briefed on what would be considered unacceptable behaviour while representing their country.
However, two boxers are now at the centre of an International Olympic Council (IOC) investigation after being caught betting online while at the Games. The IOC rules state that Olympians cannot place bets on the Games as it may "infringe" on the "course or result of the competition".
An Integrity Betting Intelligence System (IBIS) came into operation in January 2014 to allow the exchange of information between legitimate betting organisations and the IOC.
It was confirmed by the Olympic Council of Ireland (OCI) over the weekend that two boxers were under investigation for allegedly placing inappropriate bets.
President of the Irish Amateur Boxing Association (IABA) Pat Ryan has now said there was "absolutely" no way that the pair would not have known they were acting outside the regulations.
"They have all attended numerous seminars. They have been fully informed of the contract's content," he said, adding that the documents were "very explicit" in relation to gambling.
The IOC can lay down sanctions, ranging from mandatory attendance at a training seminar to fines.
Speaking on RTÉ's 'This Week' programme, Mr Ryan said: "We have our own disciplinary procedure and that will be followed explicitly.
"What we will do is await the completion of the IOC's investigation and when we receive a report on the same and the report from the manager, then we will be in a position to take the necessary disciplinary action.
"At the moment, there are a number of allegations. We are just awaiting as to who is involved in this, when did it take place, was it before the Olympics or during the Olympics, and the level and extent of this alleged betting offence."
Mr Ryan said he had not yet spoken to the boxers at the centre of the controversy but intended to do so over the coming days.
When contacted by the Irish Independent on Friday, one of the boxers replied by text message, saying: "I know nothing about it mate. Lol."
It also emerged yesterday that the IABA is to submit a report criticising the standard of judging at the Olympics to the Amateur International Boxing Association.