News

Sep 01
CoinGecko reveals the US state most interested in Bitcoin and Ethereum

The Golden State of California may be America’s most inquisitive state about Bitcoin (BTC) and Ether (ETH), new data from CoinGecko has revealed.  In a report shared by CoinGecko, internet users from California accounted for a whopping 43% of all Bitcoin and Ethereum web traffic searches on the crypto tracking website. This is despite the […]

Sep 01
Younger generations likely to face lower standard of living at retirement

Central Bank Research Technical Paper finds that demographic changes have led to a build-up in wealth among older generations, and a decline in rates of return. Younger generations therefore face significant challenges in building up sufficient wealth to fund their retirement. As a result, future retirees are likely to face progressively lower standards of living […]

Sep 01
Central Bank of Ireland Issues Warning on Unauthorised Firm – Allconi Bank Administration Limited

It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that Allconi Bank Administration Limited (Ireland) – https://www.allconi-bank.eu.com (no longer in operation) – has been holding itself out as a banker in the State in the absence of an appropriate authorisation. A list of unauthorised firms published to date is available […]

Sep 01
Central Bank of Ireland Issues Warning on Unauthorised Firm –   Fraudulent entity clones authorised firm Great American International Insurance (EU) DAC

It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that a fraudulent entity has been operating as an insurance / reinsurance firm in the State in the absence of appropriate authorisations.  In this instance, the fraudulent entity cloned and impersonated a legitimate Central Bank authorised firm in order to deceive […]

Sep 01
Central Bank of Ireland Issues Warning on Unauthorised Firm – Lend Invest

The Central Bank of Ireland (‘Central Bank’) today, 02 August 2022, published the name of an unauthorised firm, Lend Invest – https://thelendinvest.uk/ , in order to warn the public that it is not authorised by the Central Bank to provide financial services. Lend Invest is advertising loans on its website but it holds no authorisation […]

Sep 01
Central Bank reinforces consumer protection expectations of regulated financial firms providing Direct Debit services

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 […]