Day: June 20, 2022
The Financial and Consumer Services Commission (FCNB) invites you to complete our stakeholder survey. We want to hear about your experiences, level of satisfaction and expectations of FCNB. We have engaged Thinkwell Research to conduct this survey on our behalf. Your answers will be kept confidential. Please complete this survey as an individual practicing in […]
IBAN discrimination is an issue across Europe as more firms offer financial services cross border The Central Bank has contacted regulated firms and business representative bodies in Ireland to reinforce all organisations’ responsibilities under SEPA Supporting consumer choice to choose a provider with a non-Irish IBAN is important as Ulster Bank and KBC exit the […]
Insuring for our Future Good afternoon, it is a pleasure to address you today.1 A well-functioning insurance market provides important benefits and supports for society as a whole. Insurance protects people from financial loss, should unforeseen events arise. At a macro level you have an important role in channelling savings into financial markets and ultimately […]
Thank you for joining us today for the release of the first FSR of 2022. It gives me particular pleasure to welcome some of you in person for today’s event after more than two years, our first hybrid version of the release of the Review. We are meeting today at a time when a series […]
Medium-term risks have grown in the past six months, with the focus shifting from pandemic related distress to concerns around the impact of lower global growth expectations, significant price pressures and tightening financial conditions. Inflationary pressures present new challenges for borrowers, which are mitigated by the building of resilience over the past decade. The Central […]
It has come to the Central Bank of Ireland’s (‘Central Bank’) attention that a fraudulent entity, Cofino Capital, operating the website www.cofino-capital.com (Not Active), has been operating as a retail credit firm in the State in the absence of an appropriate authorisation. In this instance, the fraudulent entity claimed to be a partner of the […]
It has come to the Central Bank of Ireland’s (‘Central Bank’) attention that a fraudulent entity, CFDS Finance (France), operating the website www.cfds-finance.com (Not Active), has been operating as a retail credit firm in the State in the absence of an appropriate authorisation. In this instance, the fraudulent entity claimed to be a partner of […]
It has come to the Central Bank of Ireland’s (‘Central Bank’) attention that a fraudulent entity, Assist Finance (France), operating the website www.assist-finance.com, has been operating as a retail credit firm in the State in the absence of an appropriate authorisation. In this instance, the fraudulent entity claimed to be a partner of the Central […]
Bear markets are much more brutal for crypto lenders than cryptocurrency firms that don’t leverage users’ deposits, according to one Bitcoin analyst. 1636 Total views 10 Total shares The ongoing bear market on cryptocurrency markets is too harmful to industry lenders, but the concept of crypto lending can still survive the bloodbath, according to some […]
On 1 June 2022, BaFin imposed an administrative fine amounting to 600,000 euros on CEWE Stiftung & Co. KGaA. The sanction related to a breach of section 41 (2) in conjunction with section 41 (1) of the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG). CEWE Stiftung & Co. KGaA failed to publish the total number […]
