#Central Bank
Central Bank keeps 10% minimum deposit rule for first time buyers for 2020
The Central Bank’s governor Gabriel Makhlouf said that the current rules are working.
A €15 silver coin has been minted by the Central Bank in tribute to Phil Lynott
President Higgins launched the commemorative coin in Lynott’s former school in Crumlin.
Any form of Brexit will be damaging for Ireland, new Central Bank chief warns
Economic resilience is needed for the country to meet the economic challenges ahead, Gabriel Makhlouf said.
Insurers must give customers information on previous year premiums, Central Bank rules
The rules mean that insurers must also extend their renewal notification period from 15 to 20 working days.
The consumer cost of a no-deal Brexit: Grocery prices at risk of rising
A no-deal scenario would also cost Ireland 73,000 jobs over the next two years, according to analysts’ predictions.
'There's no excuse': Central Bank says some insurance firms not prepared for no-deal Brexit
Ed Sibley said overall the Irish financial system is resilient enough to withstand a hard Brexit.
Ireland's corporation tax revenue may not prove 'sustainable', warn Central Bank economists
Brexit and lower corporation tax receipts could leave Ireland uniquely vulnerable.
Central Bank gets the green light for €300,000 sculpture by acclaimed Irish artist
The sculpture is expected to be in place by the end of next year.
Central Bank tells government to save rather than spend windfalls to help buffer Ireland against future downturns
If windfalls are going to be to be used, they should be used to reduce Ireland’s debt.
Explainer: Why is there controversy over the new Central Bank governor?
It all stems from a leak of New Zealand’s budget earlier this year.
Incoming Central Bank boss tells Donohoe he could have described NZ controversy 'more clearly'
Gabriel Makhlouf told the minister he accepts the findings of the probe into the New Zealand budget controversy.
Central Bank's dire no-deal Brexit warning: 34,000 fewer jobs by the end of 2020
Economic growth would slump to less than one per cent next year, the regulator has warned.
Acting Central Bank governor says bankers' pay caps 'may limit the pool of candidates for senior positions'
The finance minister is currently considering a report which reviewed whether bankers’ pay should be increased.
Banks offer average of €194,000 to people who lost homes due to tracker mortgage scandal
There were 99 homes lost as a result of lenders’ failings as well as 216 buy-to-let properties.
Hard Brexit could cause house prices to fall, Central Bank warns
The Central Bank warned that external events were the main risks facing the Irish economy.
Wells Fargo fined €5.8m by Central Bank over failures in regulatory reporting
A spokesperson for the bank said it had made ‘significant improvements’ to systems, processes and resources.
JP Morgan has been fined €1.6 million by the Central Bank for 'unacceptable' regulatory failings
An Irish subsidiary of the US investment bank had breached outsourcing rules.
Bank bosses may face fines and sanctions in the future, but won't get jail time under new law
The new laws were drawn up in the wake of the tracker-mortgage scandal.
Mortgage rates in Ireland are still one of the highest in Europe
The volume of new mortgage agreements amounted to €598 million in April 2019.
The Central Bank hopes a new outdoor artwork will make its HQ 'more social and transparent'
Acclaimed artist Eva Rothschild was commissioned to create a sculpture for the office.
New Zealand launches investigation into incoming Irish Central Bank governor
Questions have been raised about whether he misled authorities following a high profile budget leak.
Central Bank urged to ensure banks don't pass on tracker scandal fines to customers
This week Permanent TSB was fined €21 million for regulatory breaches.
'Unacceptable harm': The scandal that led to a record fine for one of Ireland's pillar banks
Permanent TSB has been fined €21 million for regulatory breaches affecting tracker mortgage customers.
The new €100 and €200 banknotes will be in circulation from today
The new notes feature “new and innovative security features”.
Ulster Bank says it's 'unacceptable' a data breach resulted in its former customers' details being compromised
The breach resulted in names, contact information, and financial details being compromised.
New Zealand's chief treasurer appointed as governor of Irish Central Bank
Gabriel Makhlouf was chosen to succeed the outgoing governor Philip Lane.
'It won't happen overnight': Launch of new body to improve culture in Irish banks
The board is funded by the five pillar banks and chaired by a retired Court of Appeal judge.
Concerns over letters sent to mortgage-holders demanding full payment of arrears within 30 days
The Central Bank is aware that a regulated entity has written to a number of buy-to-let borrowers in arrears.
Debt collector data breach results in some mortgage-holders' details being compromised
The breach resulted in names, contact information, and financial details being compromised.
Central Bank tenders €4.5 million contract for 'business partner' to provide support if a bank goes bust
The successful tenderer will help the Central Bank administer the provisions of the Deposit Guarantee Scheme of €100,000.
Central Bank writes to firms over concerns on 'fitness and probity' of some senior managers
The Central Bank has observed a number of cases where individuals didn’t provide “material information” on their applications.
'The banks are dictating what happens': TDs say government relying on 'constitution' card to block vulture funds Bill
Officials were quizzed about their assertions the Bill is unconstitutional and would result in higher mortgage interest rates.
Central Bank to scrap code of conduct for banks on the transfer of mortgages as it's 'not relevant'
Sinn Féin’s No Consent, No Sale Bill aims to puts the code on a statutory footing.
Fancy being the next governor of the Central Bank? New appointment rules have been approved
New procedures were approved by Cabinet today.
Paschal Donohoe says the Central Bank may take action if diversity at banks doesn't improve
A Central Bank report found that 80% of senior appointments in recent years were men.
Central Bank says 35-45 year olds who bought homes in the boom will be most impacted if tracker rates rise
Despite Brexit, the Central Bank believes workers are in line for pay increases of up to 7% over the next two years.
Banks pay out €647 million to victims of tracker mortgage scandal
The number of people affected by the overcharging scandal has now risen to almost 40,000.
Central Bank governor Philip Lane only applicant for top role at European Central Bank
He’s on course to take job of chief economist from 1 June.
Higher costs, fewer exports: The economic warning for Ireland in a no-deal Brexit
Ireland’s economy is performing strongly, the Central Bank says, but Brexit could slow things down considerably.
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Calls for head of KBC group to apologise after comments about 'annoying' tracker mortgage scandal
More than 40,000 people were affected by the scandal.
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