Day: July 6, 2022

Jul 06
Labour market recovery after the pandemic – Central Bank report

Q4 2021 saw 2.5 million people in employment, the highest on record. Strong employment was supported by the domestic labour force, with migration playing a smaller role Two groups drove this labour force expansion; under 25s and women over 35.  Evidence that there are longer running trends that have encouraged women to remain part of […]

Jul 06
Central Bank of Ireland hosts inaugural meeting of the Climate Forum and publishes Sustainable Investment Charter

Climate Forum will meet twice yearly and brings together climate change experts, industry representative bodies, regulated firms, and Central Bank representatives. Central Bank also publishes its first Sustainable Investment Charter. Charter provides a guide to apply sustainable investment principles to the Central Bank’s investment assets. The Central Bank of Ireland has hosted the inaugural meeting […]

Jul 06
Statement – Post CEO Roundtable

The Central Bank of Ireland welcomes the statement from the Banking and Payments Federation Ireland (BPFI) following Tuesday’s CEO roundtable meeting, at which the retail banks set out the programme of work being undertaken by the sector to manage the migration of personal and business bank accounts. The work outlined focuses on the four areas […]

Jul 06
Central Bank of Ireland Issues Warning on Unauthorised Firm – Fraudulent firm clones Fire Financial Services Limited T/A fire.com and Fire

It has come to the Central Bank of Ireland’s (‘Central Bank’) attention that a fraudulent entity has been claiming to be a retail credit firm in the State in the absence of an appropriate authorisation. In this instance the fraudulent entity cloned and impersonated a legitimate Central Bank authorised firms in order to deceive consumers. […]

Jul 06
Central Bank of Ireland Issues Warning on Unauthorised Firm – Renfrew Capital Management (Clone)

It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that a scam entity by the name Renfrew Capital Management (Ireland and Bermuda), formerly operating the website https://renfrewcapitalmgmt.com, has been claiming to be an investment firm / investment business firm in the State in the absence of appropriate authorisations. In this […]

Jul 06
Central Bank of Ireland Issues Warning on Unauthorised Firm – Parker Prime

It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that a scam entity by the name Parker Prime (Estonia / United Kingdom) formerly operating the website addresses: https://parker-prime.com and https://clientzone.parker-prime.com, has been claiming to be an investment firm / investment business firm in the State in the absence of appropriate […]

Jul 06
DeFi protocol Porter Finance shuts down bond issuance platform after just one month

The firm cited better interest rates from traditional finance loans and regulatory risks in mulling the bond platform. 731 Total views 30 Total shares Porter Finance, a decentralized finance, or DeFi, protocol based on the Ethereum (ETH) blockchain, announced Tuesday that it was shutting down its bond issuance platform. In explaining the discussion, Porter Finance […]

Jul 06
API data reportedly show a 3.8 million-barrel climb in U.S. crude supplies

The American Petroleum Institute reported late Wednesday that U.S. crude supplies rose by 3.8 million barrels for the week ended July 1, according to sources. The API data, which came a day later than usual due to Monday’s Independence Day holiday, also reportedly showed weekly inventory declines of 1.8 million barrels for gasoline and 635,000 […]

Jul 06
Coming to Texas: Riot Blockchain announces plans to move NY miners to Lone Star State

Moving rigs from New York to Texas was part of Riot’s effort to reduce the firm’s operating expenses through lower power costs and eliminate “all third-party hosting fees.” 201 Total views 24 Total shares Crypto mining firm Riot Blockchain said it has begun relocating rigs from its New York data facility, with the majority intended […]