# central-bank - Thursday 29 September, 2022
# Tracker Mortgages
# Tracker Mortgages
Bank of Ireland has been fined €100,520,000 by the Central Bank for its role in the controversy.
# Central Bank
The bank was sanctioned for denying nearly 16,000 customers access to cheaper tracker mortgages. The Central Bank said Bank of Ireland’s failures resulted in the loss of 50 properties, including 25 family homes. Bank of Ireland admitted in full to 81 separate regulatory breaches.
# central-bank - Wednesday 28 September, 2022
It comes after the International Monetary Fund called on the UK government to ‘reevaluate’ its tax-cutting strategy.
# central-bank - Thursday 15 September, 2022
# Danske Bank
# Danske Bank
It relates to three breaches over a period of almost nine years, between 2010 and 2019.
# central-bank - Wednesday 14 September, 2022
# Insider Trading
# Insider Trading
The investigation commenced following a report to gardaí from the Central Bank of Ireland.
# central-bank - Wednesday 31 August, 2022
# Not Ideal
# Not Ideal
Demographic changes have led to a build-up in wealth among older generations, and a decline in rates of return.
# central-bank - Thursday 7 July, 2022
# Inflation
# Inflation
The economy is still expected to grow over the coming years but downside risks have increased.
# central-bank - Monday 4 July, 2022
# Cabinet
# Cabinet
The Bill aims to give greater powers to regulators to punish individual misconduct.
# central-bank - Thursday 23 June, 2022
# Central Bank
# Central Bank
AIB received a record fine of €83.3 million while EBS received a fine of €13.4 million.
# central-bank - Wednesday 15 June, 2022
# Stability
# Stability
The review also found “emerging pressures” in the housing market.
# central-bank - Friday 10 June, 2022
# Scam
# Scam
The fraudulent entities are operating as retail credit firms and using the bank’s logo and name.
# central-bank - Thursday 9 June, 2022
# Catriona Carey
# Catriona Carey
Carey is listed as the sole director of Careysfort Asset Estates Ltd.
# central-bank - Tuesday 17 May, 2022
# Banking Switch
# Banking Switch
The exit of KBC and Ulster Bank will whittle Ireland’s number of retail banks from five down to just three.
# central-bank - Monday 16 May, 2022
# New Rules
# New Rules
The regulator has also placed an interest rate cap of 23% APR on all consumer credit agreements.
# central-bank - Wednesday 27 April, 2022
# Account Switch
# Account Switch
Both Ulster Bank and KBC Bank are winding down their operations in Ireland.
# central-bank - Monday 11 April, 2022
# Cost Of Living
Current social welfare rates were set last year when inflation was expected to peak at 4.5% annually. But with prices on the march, household earnings are now expected to fall in real terms in 2022 for the first time since 2013. Economists say raising core social welfare raise on a temporary basis could be the best way of protecting low-income households.
# central-bank - Wednesday 6 April, 2022
# Taxing Matters
# Taxing Matters
Tax revenues were up over 30% compared with the same period last year when strict public health measures were in place.
# Cost Of Living
# Cost Of Living
The war is expected to “weigh” on trade and overall growth while fueling “strong” energy price inflation, the Central Bank said,
# central-bank - Thursday 24 March, 2022
# Central Bank
# Central Bank
BNY Mellon Fund Services also provided “inaccurate and misleading information” to the Central Bank .
# central-bank - Tuesday 15 March, 2022
# Regulations
# Regulations
The regulations were the result of a review by the Central Bank of the use of differential pricing.
# central-bank - Friday 18 February, 2022
# Phoning It In
# Phoning It In
it conducted a review of the five main retail banks.
# central-bank - Wednesday 26 January, 2022
# Economic Outlook
# Economic Outlook
Economic activity is back to pre-pandemic levels but inflation looms large.
# central-bank - Thursday 25 November, 2021
# First Time Buyers
# First Time Buyers
The Central Bank has left its mortgage rules unchanged.
# central-bank - Wednesday 10 November, 2021
# Central Bank
# Central Bank
The bank reached a €21 million settlement with the Central Bank in 2019 in respect of 42 regulatory breaches.
# central-bank - Sunday 1 August, 2021
# Accountability Regime
# Accountability Regime
Draft legislation published this week aims to give the Central Bank more power to target individuals.
# central-bank - Wednesday 21 July, 2021
# Central Bank
# Central Bank
The Central Bank ’s proposals are “a victory for consumers”, says Pearse Doherty.
# central-bank - Thursday 24 June, 2021
# Housing Crisis
# Housing Crisis
The rules restrict the amount someone can borrow to 3.5 times their income, though there are exemptions.
# central-bank - Sunday 20 June, 2021
# Mortgage Lending Rules
# Mortgage Lending Rules
Vasileios Madouros of the Central Bank says a fresh review of its mortgage lending measures will include submissions from the public.
# central-bank - Wednesday 16 June, 2021
# Road To Recovery
# Road To Recovery
“A clearer path to recovery” has become visible in recent months.
# central-bank - Wednesday 26 May, 2021
# Morning Memo
# Morning Memo
Details about the cost of reforms like Sláintecare are thin on the ground beyond 2021, IFAC says.
# central-bank - Thursday 1 April, 2021
# Central Bank
# Central Bank
However, the outlook remains ‘uncertain’ and unemployment will remain high into 2022.
# central-bank - Sunday 14 March, 2021
# Davy Sale
# Davy Sale
The Central Bank wants an expanded regulatory toolkit to tackle individuals.
# central-bank - Thursday 11 March, 2021
# Unauthorised Firm
# Unauthorised Firm
It’s a criminal offence for an unauthorised firm to provide financial services in Ireland that would require Central Bank authorisation.
# central-bank - Tuesday 9 March, 2021
# Central Bank
# Central Bank
The scandal has led to fierce criticism of the firm, and its CEO resigned at the weekend.
# central-bank - Thursday 28 January, 2021
# Breach
# Breach
The Central Bank of Ireland found that Keystone Insurance overcharged 62 customers over five years.
# central-bank - Monday 25 January, 2021
# Central Bank
# Central Bank
The Central Bank governor said today that the positive economist forecast “remains contingent on key assumptions regarding Covid-19 developments.”
# central-bank - Friday 22 January, 2021
# Central Bank
# Central Bank
Irish GDP grew by 2.5% in spite of the pandemic, according to the updated data.
# central-bank - Monday 21 December, 2020
# Borrowers Beware
# Borrowers Beware
There has been a surge in the prevalence of unauthorised moneylenders.
# central-bank - Tuesday 15 December, 2020
# Liteway Loans
# Liteway Loans
Gardaí have also issued a warning.
# central-bank - Monday 14 December, 2020
# Loyalty Penalty
# Loyalty Penalty
The practice sees customers with similar risks paying different premiums.
Periods of rain
Max: 17 °C
Min: 11 °C
A little a.m. rain; breezy in the p.m.
Max: 14 °C
Min: 7 °C
Breezy with considerable cloudiness
Max: 16 °C
Min: 11 °C
