Day: September 9, 2022

Sep 09
Central Bank publishes new data on bank account openings and closures

24% of KBC Bank and Ulster Bank accounts closed since the start of 2022 600,311 accounts were opened in the three main remaining banks in the first eight months of the year Updated figures will be published monthly As part of its ongoing work to supervise the withdrawal of Ulster Bank and KBC Bank from […]

Sep 09
Central Bank of Ireland Issues Warning on Unauthorised Firm – Beagle Car Insurance

It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that a fraudulent entity, Beagle Car Insurance, has been operating as an insurance / reinsurance intermediary in the State in the absence of appropriate authorisations.  The unauthorised entity, operating the website www.beaglecarinsurance.com (website no longer available), deceived customers by acting as […]

Sep 09
Central Bank of Ireland Issues Warning on Unauthorised Firm-Baron Capital Partenaire (BCP) (Clone)

It has come to the Central Bank of Ireland’s (‘Central Bank’) attention that a firm, calling itself, Baron Capital Partenaire (BCP) (Clone) (Ireland / UK / Cyprus and France) – www.bcpartenaire.com (not operational) has been operating as an investment firm / investment business firm in the absence of an appropriate authorisation and purporting to be […]

Sep 09
Central Bank publishes research outlining key climate risk channels for the economy

Climate change risks to households and businesses will vary considerably, depending on factors including the location of physical assets, energy efficiency, and individual behaviours. The financial sector will be impacted through changes in financial asset values and the effects on businesses and households. Long-run physical risks can only be reduced through policies that support a […]

Sep 09
Central Bank of Ireland Issues Warning on Unauthorised Firm – Biz Credit Lender

It has come to the Central Bank of Ireland’s (‘Central Bank’) attention that a fraudulent firm, Biz Credit Lender (Ireland), has been operating as a retail credit firm in the State in the absence of an appropriate authorisation. Biz Credit Lender is advertising loans on its website but it holds no authorisation from the Central […]

Sep 09
Central Bank of Ireland Issues Warning on Unauthorised Firm –   Fraudulent entity clones authorised firm Glencar ICAV

It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that a fraudulent entity, Glencar ICAV (CLONE), operating the website www.glencar-icav.com, has been operating as an investment firm / investment business firm in the State in the absence of appropriate authorisations.  In this instance, the fraudulent entity cloned and impersonated a […]

Sep 09
Central Bank of Ireland Issues Warning on Unauthorised Firm –   Fraudulent entity clones authorised firm Managed Accounts Fund Services plc

It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that a fraudulent entity, Managed Accounts Fund Services PLC (CLONE), operating the website www.securecorpmafsplc.com and formerly operating the website www.mafs-plc.com, has been operating as an investment firm / investment business firm in the State in the absence of appropriate authorisations.  In […]

Sep 09
Copper Futures (HG1!), H4 Potential for Bullish Rise

Type : Bullish rise Key Levels:Resistance :3.5000 Pivot:3.4735 Support : 3.4170 Preferred Case: On the H4, with the price pullback from the support, breaking the descending trendline, MA10 is above MA30, combined with the fundamental news, we have a short term bullish bias that the price may rise from the pivot at 3.4735, where the […]

Sep 09
Investment Bank Outlook 08-09-2022

BNY Mellon ECB Searching For A New Baseline The European Central Bank is expected to step up its policy-normalisation process today with a 75bp rate hike. While we do see some downside risk of a 50bp move considering the traditional caution of the Governing Council, the scale of the move is probably beside the point. […]

Sep 09
Japanese gov’t issues NFTs to reward local authorities’ work

A total of seven mayors received the NFT awards for various initiatives they undertook to ease the lives of the public in their respective regions. 1040 Total views 23 Total shares The Japanese government has become one of the first to issue nonfungible tokens (NFTs) as a form of supplementary rewards to recognize the work […]