Day: August 24, 2022
It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that fraudulent entities have been operating as investment firms / investment business firms in the State in the absence of appropriate authorisations. In multiple instances, the fraudulent entities cloned and impersonated a legitimate Central Bank authorised firm in order to deceive […]
It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that a scam entity by the name Northstate (Commonwealth of Dominica), formerly operating the website www.northstate.io, has been claiming to be an investment firm / investment business firm in the State in the absence of appropriate authorisations. A list of unauthorised […]
It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that Allconi Bank Administration Limited (Ireland) – https://www.allconi-bank.eu.com (no longer in operation) – has been holding itself out as a banker in the State in the absence of an appropriate authorisation. A list of unauthorised firms published to date is available […]
It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that a fraudulent entity has been operating as an insurance / reinsurance firm in the State in the absence of appropriate authorisations. In this instance, the fraudulent entity cloned and impersonated a legitimate Central Bank authorised firm in order to deceive […]
The Central Bank of Ireland has engaged with financial services firms to reinforce its consumer protection expectations of all regulated firms that also operate as Direct Debit originators (DDOs). This follows a review of plans submitted from the financial services firms that are amongst the top 20 DDOs in Ireland, which set out the measures they […]
August 24, 2022 Washington, D.C. — The Commodity Futures Trading Commission issued an order today simultaneously filing and settling charges against Eric Schwartz of Chicago, Illinois, for engaging in multiple instances of spoofing. Specifically, the order finds that Schwartz spoofed—defined in the Commodity Exchange Act (CEA) as bidding or offering with the intent to cancel the bid or offer […]
The Central Bank of Ireland welcomes today’s publication of the Central Bank (Individual Accountability Framework) Bill 2022. The Central Bank will continue to work with the Department of Finance throughout subsequent stages as the legislation progresses through the Oireachtas to enactment. Once the Bill has been enacted the Central Bank intends to publicly consult on […]
At last week’s meeting of the ECB’s Governing Council, we decided to increase our main policy rate by 50 basis points. This continues the normalisation of our monetary policy, a path that we had started to travel on last December. Our aim is to dampen the inflationary pressures that we’re seeing in the euro area […]
Shares of Turquoise Hill Resources Ltd. TRA, TRQ, +25.67% rallied 22% in premarket trades on Wednesday after Rio Tinto Plc RIO, -2.96% RIO, -2.31% said it would hike its offer to value the Canadian mining company at $3.1 billion. Rio Tinto increased its buyout price for the 49% of Turquoise Hill it doesn’t currently own […]
Kellogg Co. K, +0.10% plans to separate into three businesses, and the company on Wednesday provided new details about who will lead the cereal unit once the split takes place. Gary Pilnick, a Kellogg veteran of more than two decades who helped with the company’s acquisition of Pringles about 10 years back, will serve as […]
