Day: July 14, 2022
The new Algorand ETP joins a family of CoinShares’s staked ETPs featuring cryptocurrencies DOT, XTZ, ADA, SOL, ATOM and MATIC. 1190 Total views 46 Total shares Major European cryptocurrency investment firm CoinShares is expanding its exchange-traded products (ETP) with a new physically-backed ETP based on Algorand. CoinShares on Thursday announced the listing of its physically-backed […]
The U.S. Energy Information Administration reported on Thursday that domestic natural-gas supplies rose by 58 billion cubic feet for the week ended July 8. That compared to an average forecast for an increase of 61 billion cubic feet from analysts polled by S&P Global Commodity Insights. Total working gas stocks in storage stand at 2.369 […]
Governor of the Central Bank of Ireland Gabriel Makhlouf met with businesses and students from Tipperary yesterday during his day-long visit. Governor Makhlouf met with local entrepreneurs, staff and Government agencies at Tipperary Technology Park, where conversations included the importance of local digital hubs and local economic development in a hybrid working world recovering from […]
Central Bank Economic Letter finds that recurrent property taxes can, over time, help to mitigate downside risks to house prices. Such taxes may also provide a stable source of revenue for government, as they are less likely to be affected by the economic cycle. Revenue from recurrent property taxes, as a proportion of national income, […]
Central Bank seeks to anticipate and support innovation in the financial services industry Firms in novel areas must ensure their businesses will not be used to launder the proceeds of crime or to finance terrorism Central Bank issues a bulletin to virtual asset service providers (VASPs) to assist them in strengthening their applications and frameworks […]
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 […]
Speech by Nikhil Rathi, our Chief Executive, delivered at the Peterson Institute for International Economics. Speaker: Nikhil Rathi, Chief ExecutiveLocation: Peterson Institute for International EconomicsDelivered: 14 July 2022Note: this is the speech as drafted and may differ from the delivered version Highlights Intensive dialogue between our nations is essential to ensure we deliver consistent outcomes. Having departed from the […]
