Category: Regulations

regulations

Sep 14
Central Bank of Ireland Issues Warning on Unauthorised Firm-Baron Capital Partenaire (BCP) (Clone)

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 […]

Sep 14
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 14
Gloucestershire Credit Union Limited enters administration

Gloucestershire Credit Union Limited was placed into administration on 14 September 2022 and has now stopped trading. James Sleight and Peter Hart of PKF Geoffrey Martin & Co Limited have been appointed as joint administrators. Gloucestershire Credit Union Limited is a financial co-operative owned by its members. It is regulated as a deposit taker by […]

Sep 14
Central Bank confirms that currency exchange services remain in place

The Central Bank of Ireland has today (13 September 2022) confirmed that it continues to exchange old Irish pound notes or coins for euro and has no plans to withdraw this service. Director of Currency at the Central Bank Bernard Sheridan said: “The Central Bank of Ireland offers an exchange service for old Irish pound […]

Sep 14
Central Bank publishes pre-Budget letter to Minister for Finance

The Central Bank of Ireland has today (12 September 2022) published the pre-Budget letter sent to the Minister for Finance by Governor Gabriel Makhlouf on 22 July 2022. The letter sets out the challenging and uncertain economic backdrop to Budget 2023.  The economy began 2022 with strong momentum as the impact of the pandemic subsided, […]

Sep 14
Central Bank appoints chairperson of Takeover Panel

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 […]

Sep 14
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 […]

Sep 14
Central Bank of Ireland Issues Warning on Unauthorised Firm – Beagle Car Insurance

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 […]

Sep 14
Central Bank of Ireland Issues Warning on Unauthorised Firm-Baron Capital Partenaire (BCP) (Clone)

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 […]

Sep 14
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 […]