Mr Sibley

38 results

Brian Hayes, chief executive of the Banking & Payments Federation Ireland. Photograph: Alan Betson / The Irish Times

Banking chiefs should not be put on the “bold step” for expressing views on regulatory or economic policy if Irish society is to avoid repeating a mis(...)

Central Bank deputy governor Ed Sibley

Irish bankers are beginning to display echoes of pre-crisis hubris, as pressure mounts on regulators to ease back on checks and controls introduced in(...)

Some 165 protected disclosures were made to the Central Bank from whistleblowers during the period. Photograph: Alan Betson

The Central Bank experienced a 40 per cent increase in tip-offs of suspected wrongdoing at financial firms from workers in the industry and the genera(...)

 Central Bank deputy governor Ed Sibley said the ultimate outcome of the Brexit process was still far from certain. Photograph: Jason Clarke Photography

Ireland is still facing the possibility of a hard Brexit and a significant disruption to trade, even though the risk of a no-deal outcome has been ave(...)

Credit unions hold about €1.8 billion in investments   in the UK.

Credit unions in the Republic may have to withdraw €1.8 billion of deposits and investments lodged with financial institutions in the UK in the event (...)

Central Bank deputy governor for prudential regulation Ed Sibley made the remarks on Friday. Photograph: Nick Bradshaw

The Central Bank has criticised the financial services sector for not being Brexit-ready, and said there is “no excuse” for companies that are not pre(...)

Financial services firms operating in and out of Ireland should pay the cost of regulation, the Central bank says. Photograph: Alan Betson

The Central Bank of Ireland has agreed a new approach to financial regulation whereby the taxpayer will no longer stump up costs for policing the sect(...)

Sylvia Cronin , the Central Bank’s head of insurance, is understood to currently have no firm plans, but is expected to return to the private sector. Photograph: Alan Betson

The Central Bank’s head of insurance Sylvia Cronin is set to leave the regulator at the end of September after deciding not to renew her existing five(...)

Ed Sibley said insurance executives must do more work to develop recovery or wind-up plans in the event that their companies run into financial trouble. Photograph: iStock

Insurance brokers and underwriting agents must take more responsibility for assessing the financial soundness of companies offering cover, in light of(...)

A Bill proposed by Sinn Féin finance spokesman Pearse Doherty TD could have unintended consequences,  the Oireachtas Committee on Finance has heard. Photograph: Gareth Chaney/Collins.

A proposed law that seeks to prevent banks from selling problem loans to so-called vulture funds without borrowers’ permission could lead to an increa(...)

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