Day: July 10, 2022
The IMF’s review recognises considerable progress in strengthening the framework for financial sector regulation, supervision and crisis management in Ireland. An increasingly large, complex and rapidly evolving financial system in Ireland raises new challenges for the future. Review makes targeted recommendations for further work, which will be considered by the Central Bank as it implements […]
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 […]
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 […]
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 […]
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. […]
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 […]
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 […]
• Gold broke pivotal support level 1790.00• Likely to fall to support level 1755.00 Gold is under strong bearish pressure after the price broke the pivotal support level 1790.00 (which has been repeatedly reversing the price from last December). The breakout of the support level 1790.00 accelerated the active impulse waves (iii) and 3 – […]
• EURUSD broke multi-year support level 1.034• Likely to fall to support level 1.020 EURUSD recently broke through the key support level 1.037 (which stopped the previous impulse waves (3) and 1, as can be seen below). The breakout of the support level 1.037 led to the breakout of the major multi-year support level 1.034 […]
Bitcoin (BTC) has not been this good value since it cost $1,130, one analyst argues as BTC offers a “compelling” risk/reward ratio. In a Twitter thread on July 7, Jurrien Timmer, director of global macro at asset manager Fidelity Investments, simply described $20,000 Bitcoin as “cheap.” Timmer: “In other words, Bitcoin is cheap” While fears […]
