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On 22 June 2022, the Central Bank of Ireland (the “Central Bank”) reprimanded and fined EBS d.a.c. trading as EBS (“EBS” or the “Firm”) €13,400,000, pursuant to its Administrative Sanctions Procedure (“ASP”) for a series of significant and long-running failings in the treatment of its tracker mortgage customers, holding 2,830 mortgage accounts, between August 2004 […]
Report provides key statistics on employers’ liability, public liability, and commercial property insurance in Ireland; including data on claims costs and settlement channels. On average, employers’ liability and public liability claims settled through litigation cost more and take longer to settle than claims settled directly or via the PIAB. Insurers’ income and expenditure on Employers’ […]
The adoption of sanctions places legally binding obligations on all individuals and entities The Central Bank is sharing information with business representatives regarding individual and firm-level obligations Sanctions breaches must be reported to An Garda Siochana Against the backdrop of Russia’s invasion of Ukraine and the introduction of EU Regulations relating to financial sanctions, the […]
IBAN discrimination is an issue across Europe as more firms offer financial services cross border The Central Bank has contacted regulated firms and business representative bodies in Ireland to reinforce all organisations’ responsibilities under SEPA Supporting consumer choice to choose a provider with a non-Irish IBAN is important as Ulster Bank and KBC exit the […]
Shares of Levi Strauss & Co. LEVI, +3.41% jumped 3.5% in afternoon trading Friday, to outperform the S&P 500’s SPX, +3.06% 2.4% gain, after the jeans and apparel seller said it is “strongly” opposes any steps to restrict access to the full range of reproductive health care, including abortion. “Protection of reproductive rights is a […]
In an interview with The Financial Times, SEC chair Gary Gensler said he is working on a memorandum of understanding with the agency’s digital asset market co-regulator. 974 Total views 23 Total shares United States Securities and Exchange Commission (SEC) chair Gary Gensler is in talks with Commodity Futures Trading Commission (CFTC) officials on a […]