News
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 […]
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 […]
The number of homes in the U.S. that have been listed for sale for 30 days or longer without going under contract in July jumped 12.5% from the same period a year ago, according to online real estate services company Redfin Corp. That’s the second-biggest jump for monthly “stale” listings on record, which goes back […]
On 3 August 2022, BaFin prohibited Green Wave Materials Corp. with registered office in Edmonton, Alberta, Canada from offering shares of the company to the public. BaFin imposed the prohibition because the company had infringed Article 3(1) of the EU Prospectus Regulation. For this reason, Green Wave Materials Corp. may not offer the securities to […]
The Joint Regulatory Oversight Committee (JROC), a cross-authority taskforce responsible for, among other things, thinking about the future vision and governance of open banking, has announced the set-up of a strategic working group (SWG). The committee believes there is potential to build on the progress of open banking, to drive further benefits for consumers and businesses, […]