News

The Governor of the Central Bank of Ireland, Gabriel Makhlouf, has announced the appointment of James Doherty SC as Chairperson of the Irish Takeover Panel. Mr Doherty’s appointment is effective from today, 12 September, and is for a three-year period in accordance with the provision of the Articles of Association of the Panel. The Irish […]

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 […]

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 […]

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 […]

The total size of tokenized illiquid assets, including real estate and natural resources could reach $16.1 trillion by 2030, according to the Boston Consulting Group (BCG). In a newly released report from BCG and digital exchange for private markets ADDX, authors including BCG managing director Sumit Kumar and ADDX co-founder Darius Liu noted that “a […]

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 […]