Central Bank fines investor services firm Computershare €322,500

The Central Bank has fined the Irish arm of international investor services company Computershare €322,500 for a number of breaches of legislation with regard to client assets.

Among other things, the firm manages share registrars for publicly owned companies.

The Central Bank said the fine related to certainty of ownership of client assets, as set out in the Client Asset Requirements (CAR), and access to client assets in the event of Computershare’s insolvency.