Latest Market News

Jul 21
Transcript of Governor Gabriel Makhlouf’s interview with Niall Brady, The Sunday Times

Interview with Governor Makhlouf conducted 16 June 2022 Niall Brady: Okay, well listen thanks again for taking the time to talk to me.  You had a very busy week, from what I see yesterday was a busy day for you.  Gabriel Makhlouf: I’ve had a busy fortnight.  Niall Brady: Really?  Why a busy fortnight Gabriel […]

Jul 21
Central Bank Governor visits Tipperary to meet businesses and students

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 […]

Jul 21
Recurrent property taxes may help to reduce house price volatility

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, […]

Jul 21
Central Bank highlights weaknesses in Virtual Asset Service Providers’ AML/CFT Frameworks

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 […]

Jul 21
BaFin prohibits Juicy Holdings B.V. (also known as “Juicy Fields”) from offering capital investments in the form of investments in cannabis plants to the public

On 3 June 2022, BaFin prohibited Juicy Holdings B.V., Amsterdam, the Netherlands, from offering capital investments in the form of investment opportunities in JuicyFlash, JuicyMist, JuicyKush and JuicyHaze cannabis plants to the public due to a violation of the German Capital Investment Act (Vermögensanlagengesetz – VermAnlG). Juicy Holdings B.V. is therefore not authorised to offer […]

Jul 21
BaFin imposes administrative fine

On 5 July 2022, BaFin imposed an administrative fine amounting to 20,000 euros on a natural person due to a breach of the first subparagraph of Article 17 (1) of the Market Abuse Regulation (MAR). An appeal may be lodged against the administrative fine order. Update (01.08.2022): The administrative fine order is final and binding. […]