Central Bank Of Ireland

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)