The Central Bank has secured a High Court enforcement order which restrains the owner of a debt management firm from providing certain unauthorised financial services.
The Central Bank said the order was secured against Rosaleen Grier, trading as Grier & Associates / RG Consultants / GR Sales .
The order restrains Rosaleen Grier from providing debt management services and carrying out the credit intermediation activities of a mortgage credit intermediary, unless and until authorised to do so by the Central Bank.
Ms Grier has consented to the enforcement order and the order was made by the High Court this week.
In May 2015, the Central Bank published a warning notice in respect of Rosaleen Grier's unauthorised operation as a Debt Management Firm.
Following further and more recent investigations, the Central Bank said it is of the opinion that Rosaleen Grier has engaged in conduct that contravened provisions of financial services legislation by providing debt management services and carrying out the credit intermediation activities of a mortgage credit intermediary, without being authorised by the Central Bank to do so.
