Central Bank Of Ireland

The Central Bank of Ireland is seeking views on a new macroprudential policy framework for investment funds. A new discussion paper published yesterday aims to advance ongoing international and European discussions on how a macroprudential perspective in the regulation of the funds sector could be a

Bank of Ireland has been fined a record €100.5 million by the Central Bank in connection with the tracker mortgages scandal. It is the latest and largest in a series of fines imposed on major lenders in connection with the scandal, following a €96.7 million fine imposed on AIB Group in Jun

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

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.

The Central Bank of Ireland has published its first Employers’ Liability, Public Liability and Commercial Property Insurance Report providing key statistics on commercial insurance in Ireland. Among its key findings, the report shows that for all claims, settlements through the

Solicitor Sarah Keane has been appointed by government ministers to the Central Bank Commission. Ms Keane is currently the president of the Olympic Federation of Ireland and the CEO of Swim Ireland.

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

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

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

A firm has been fined €280,000 in the first enforcement action taken against a stockbroker for breaches of the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010. Stockbroker Campbell O'Connor & Company has admitted five breaches between July 2010 and November 2016 relatin

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)