Photo and video footage on social media showed cars and people lining up outside ATMs in various locations, such as Dublin and Lisduggan, among others, to scoop some “free” cash. Images of police guarding various pay points also did the rounds. Reportedly, the bank’s online app experienced a glitch that let customers transfer non-existent funds…
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Breaking Forex News... Ireland has become the latest country to crack down on leveraged Forex and CFD trading. The Central Bank of Ireland (CBI), which also acts as the country's financial regulator, has announced that is has published a consultation paper on distribution of CFDs, which include in its definition leveraged Forex pairs trading. The…
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The Central Bank of Ireland, who has duties not only as the central bank of the country but also as primary regulator overseeing Ireland's financial industry today announced three appointments at Director level. The appointments are as follows: Michael Hodson has been appointed to the role of Director of Asset Management Supervision, with effect from January…
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The Irish financial sector is set to grow, and quite possibly to a significant extent.
Read moreThe Central Bank of Ireland today published findings of a research concerning complaints handling within regulated financial services firms. The study was commissioned by the regulator to PwC and was conducted online with a panel of more than 1,000 consumers. The surveys were completed in November 2015, with additional works with focus group conducted in…
Read moreOver the past couple of years we have grown accustomed to the interconnections between various sports and investment activities. And while this combination has a nice side, such as sponsorships and charity campaigns, it has a downside too. The Central Bank of Ireland today announces the imposition of a ban from the financial industry on…
Read moreThe Central Bank of Ireland (CBI) announced today that it had reached a settlement with Lambay Capital Limited aka MKW Futures over the investment firm's violations of the Capital Requirements regulations (CRR) and the MiFID regulations. As a result of the settlement, dated December 1, 2015, the firm, which is authorized by the CBI to…
Read morePlaytech PLC (LON:PTEC) has just provided an update regarding its appeal against the Central Bank of Ireland (CBI) decision to oppose the planned acquisition of retail Forex broker AvaTrade. Playtech said that the appeal was allowed by the Irish Financial Services Appeals Tribunal, with the consent of the CBI, on the grounds of error in the…
Read moreA themed inspection by the Central Bank of Ireland (CBI) has shown that the vast majority of CFD traders incur losses. The check consisted of a desk based review of all active investment and stockbroking firms providing CFD products (including spread betting) which are regulated by the Central Bank or operating in Ireland on a…
Read moreA number of rumors and what-might-have-happened type stories and speculation have been circulating on certain blogs the past few days, as to why Ireland's financial regulator, the Central Bank of Ireland (CBI), has stated its opposition to the acquisition of retail forex broker AvaTrade by online gaming and trading giant-in-making Playtech PLC (LON:PTEC). Some of the…
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