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Individual Accountability – CBI Consultation Published and Bill Enacted | Walkers

On 9 March 2023, the President of Ireland signed the Central Bank (Individual Accountability Framework) Bill 2022 (the "Bill") into law. See our previous update here for a detailed...
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Central Bank bans former mortgage firm MD as gardaí investigate

  The Central Bank has banned the former managing director of the now-defunct European Mortgage Call Centre in Dundalk from carrying out a senior role in a financial firm, after investigating complaints about him taking home-loan deposits from clients even though his business was not authorised to provide mortgage services. The Central Bank found that between January 2018 and August 2018 James Cumiskey, former managing director of European Mortgage Call Centre, “induced persons to give h...
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