News

Sep 12
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 12
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 12
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 12
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 11
How GameFi contributes to the growth of crypto and NFTs

The crypto industry has grown tremendously over the past couple of years, and one of its biggest drivers is the GameFi industry.  GameFi — a portmanteau of gaming and finance — enables gamers to earn rewards while playing. The market has been growing steadily and presently has a token market cap of approximately $9.2 billion. […]

Sep 11
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 […]