IrelandIreland’s Central Bank released its 2020 annual report, summarizing the regulator’s activities during the course of the year to safeguard consumers and the financial industry from risks that emerged during the COVID-19 pandemic.
The Central Bank of Ireland’s Deputy Governor, Sharon Donnery, spoke at a virtual hearing focused on emerging trends with respect to emerging financial services and payment options.
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The Central Bank of Ireland issued a reprimand and imposed a fine against the Dublin, Ireland-based brokerage firm for five breaches of the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010.
The Central Bank of Ireland (CBI) fined the Dublin, Ireland-based firm for its breach of licensing requirements in relation to the failure to submit three operational risk returns to the regulator and failing to establish appropriate internal controls. The CBI found that the firm specifically failed to establish and maintain effective processes and controls to ensure […]
| Technical | Effectiveness |
|---|---|
| Compliant : 17 | High : 0 |
| Largely Compliant : 16 | Substantial : 5 |
| Partially Compliant : 7 | Moderate : 6 |
| Non-Compliant : 0 | Low : 0 |
Ireland's technical compliance was re-rated in a Nov. 12, 2019 follow-up report
| Rank : 106/141 |
| Score : 4.46/10 |
| Rank : 18/180 |
| Score : 74/100 |
| Rank : 29/133 |
| Score : 48/100 |