Thu, 29 Oct, 2020
Mon, 08 Jun, 2020
Thu, 30 Apr, 2020
THE Central Bank has spent close to €40,000 on relocation expenses for senior executives including estate agency fees, flights, temporary accommodation, and assistance with setting up bank accounts and social security numbers.
Wed, 04 Mar, 2020
The notification that Irish banks were not ready for some new features of the EU Payment Service Directive came from the Central Bank in mid-December when there was clear evidence the new security procedures entailed by the directive were not going to be met anytime soon.
Mon, 06 Jan, 2020
Brokers selling mortgages, insurance, or market investments in Ireland will be banned from accepting free sporting and social tickets from financial firms under a crackdown by the Central Bank it emerged over night.suggests this is a big step in the right direction but more needs to be done.
Wed, 25 Sep, 2019
The chairman of Ireland’s ecommerce alliance has welcomed the news that a grace period will apply to the EU’s PSD2 directive in order to allow Irish businesses to get up to code, saying the alternative would be “absolute chaos”.
Fri, 06 Sep, 2019
The Central Bank has slapped a fine of almost €5.9m on Wells Fargo, the US banking giant which has a major European office in Ireland servicing US multinationals, for five “serious” breaches, including failing to properly report the amount of capital it had in the Irish bank.
Fri, 05 Jul, 2019
The Central Bank has been urged to improve and simplify its switching code of practice on the back of new figures showing the number of people changing their current account to another bank hit a five-year low last year.
Thu, 20 Jun, 2019
The Central Bank has decided to continue existing restrictions on ordinary investors using contracts for difference (CFDs), the market financial bets that played a starring role in the collapse of the Sean Quinn business empire after he used them to build up a huge stake in Anglo Irish before the bank’s collapse.
Thu, 13 Jun, 2019