Michael Hodson

10 results

More than 100 financial services applications have been received by the Central Bank of Ireland since the Brexit referendum – the majority of them asset management applications. Photograph: Alan Betson/The Irish Times

Brexit, although it has yet to happen, has already brought about changes to the financial services authorisation landscape, and these changes are like(...)

Michael D’Arcy, Minister for Financial Services and Insurance and Jane Howard, CEO, Ulster Bank. Photograph:  Paul Sherwood

Financial firms fleeing Brexit cannot expect the Central Bank to do them any favours to fast-track approval to operate in Ireland, Minister of State f(...)

The Central Bank’s Michael Hodson addressing the conference on Thursday. Photograph: Paul Sherwood.

The Central Bank has warned overseas financial companies that it will not provide an “insurance policy” for inadequate planning for Brexit and drop st(...)

Central Bank on  North Wall Quay, Dublin: has established an investment banks and broker dealers division. Photograph: Alan Betson

Investment banks and brokers setting up in the Republic to avoid Brexit can expect plenty of attention from local and European financial watchdogs. M(...)

The Central Bank is dealing with more than 180 active Brexit-related applications from firms looking to move operations to Dublin, Pinsent Masons estimated. Photograph: Alan Betson

The Central Bank, chastened by Ireland’s banking crisis, has been the subject of some criticism by financial and political types in the past year for (...)

The Central Bank has written to all insurance companies requesting they file details of the potential impact of Brexit on their operation. Photograph: Alan Betson/The Irish Times

Irish-based insurers, including overseas-owned firms, have been pressed by the Central Bank to submit detailed plans on the impact of Brexit on their (...)

The Central Bank found that not all investment firms could demonstrate that they had effective governance structures. Photograph: Niall Carson/PA Wire

Most investment firms in Ireland failed to demonstrate full compliance with European guidelines on the suitability of investment products for clients,(...)

The Central Bank has raised concern about the growing number of Irish fund administrators outsourcing activities to global service providers. Based (...)

Risky: a study  by the Central Bank  in 2015 found that 75 per cent of retail CFD clients who invested in CFDs during 2013 and 2014 made a loss. Photograph: Alan Betson

They saw Sean Quinn lose billions when he built up a clandestine 28 per cent stake in Anglo Irish Bank between 2006 and 2008 using the product. Now th(...)

The Central Bank has made three senior directors appointments, which include the return of Mary O’Dea to the regulator from her post with the World Ba(...)