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 […]
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 […]
On 16 August 2022, BaFin imposed four administrative fines totaling 155,250 euros on Aladdin Healthcare Technologies SE. The sanction related to breaches of section 114 paragraph 1 sentence 2 of the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG) and breaches of section 115 paragraph 1 sentence 1 of the German Securities Trading Act (Wertpapierhandelsgesetz – […]
Burlington Stores Inc. shares BURL, -5.75% slid 9.6% in premarket trading Thursday, after the discount retailer missed second-quarter sales estimates amid a challenging macro background and offered guidance that was below consensus. The company posted net income of $12 million, or 18 cents a share, for the quarter, down from $103 million, or $1.50 a […]
Dollar General DG, -0.19% shares rose 1.4% before market open, boosted by strong second-quarter results and robust full-year guidance. The retailer reported sales of $9.4 billion, compared with $8.7 billion in the same period last year. The sales increase was primarily driven by positive contributions from new stores and growth in same-store sales, according to […]