Search Results for 'Financial Regulator'

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Credit unions - major changes ahead

As the Financial Regulator concludes his review on the banking sector, he is turning his attention to Credit Unions. His recent stress tests on Credit Unions are expected to show increased provision requirements on loan books and this is causing intense debate on the sector’s future direction.

Banks ripping off defenceless mortgage holders

Banks are abusing consumers through excessive interest rates in order to restore their depleted balance sheets, according to the Financial Regulator.

Extension of Government bank guarantee

Irish banks received a boost this week with the extension of the short term Government guarantee for short term bank liabilities, including corporate and interbank deposits as well as debt securities.

Public given rare opportunity to shape mortgage arrears policy

The office of the Financial Regulator is currently revising its code of conduct on mortgage arrears. As part of a consultation, it is offering the public a rare chance to contribute its views on how financial institutions should handle mortgage arrears in future.

Numbers struggling to pay mortgages should not be hidden says Phelan

Fine Gael senator John Paul Phelan has warned that the current reporting of mortgage arrears is masking the true picture of how many people are struggling to make payments.

Renault Ireland offers new finance package

Renault Ireland has just announced the introduction of 'Credit Renault', which it says, on top of its affordable prices, will now enable the company to offer customers a complete finance package this month.

Renault Ireland offers new finance package

Renault Ireland has just announced the introduction of Credit Renault, which, it says, on top of its very affordable prices, will now enable it to offer customers a complete finance package this month.

Irish stock market roars back

The stock market here at home recorded the largest one-day increase in its history on Friday after a week that rocked the financial world to its core.

Hogan calls for independent monitors on bank boards

Kilkenny’s Deputy Phil Hogan has called on the Government to follow the lead of another Kilkennyman, Financial Regulator, Patrick Neary in the current banking crisis.

The heart of banking regulation

The Great Depression of 1929 is the only economic event comparable to our current morass. A post mortem study in the 1930s into the cause of the Wall Street crash concluded that it was due to deregulation of the financial sector.

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