Central Bank Of Ireland

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An outline of proposed laws to make it easier for the Central Bank of Ireland to fine and disqualify senior financial sector managers is expected to be published today by Finance Minister Paschal Donohoe. The long-awaited Central Bank (Individual Accountability) Bill comes more than two ye

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The Central Bank has proposed a ban on the practice of "price walking" in the private car and home insurance sectors. The current practice is seen as a loyalty penalty for customers who do not regularly switch their insurance provider.

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The average legal costs in personal injury cases settled through litigation was over €23,000 between 2015 and 2019, according to new figures published by the Central Bank of Ireland. The figures are revealed in the second annual private motor insurance report of the National Claims Information

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The Central Bank of Ireland has fined J.P. Morgan Administration Services (Ireland) Limited (JPMAS) €1.6 million in respect of regulatory breaches relating to the outsourcing of fund administration activities. The firm admitted to three breaches of the Outsourcing Requirements and one breach of

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The Central Bank of Ireland has launched an investigation into the legality of commercial banks adding legal fees to the mortgages of customers in arrears, even before court cases have concluded. More than 60,000 mortgage holders have been hit with legal fees running to tens of thousands of euro, th

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The Central Bank of Ireland has announced it will review the practice of lenders adding legal fees to the mortgage arrears accounts of homeowners involved in repossession cases. Doubts have been raised over whether the practice is compliant with the Bank's Code of Conduct on Mortgage Arrears (CCMA)

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