Central Bank prohibits former RSA actuary for 5 years The Central Bank has published a prohibition notice that it issued to the former Chief and Signing Actuary at RSA Insurance Ireland (RSAII) and former … Business • 13 Apr
IAASA fines Kildare audit partner €10,500 for failures The body which supervises auditing and accounting in Ireland has fined a Co Kildare based audit partner €10,500 as part of a settlement agreement, following … Business • 29 Mar
Regulator fines fund manager €117,600 for breaches The Central Bank has fined Mercer Global Investments Management Limited (MGIM) €117,600 and reprimanded it for six breaches of investment fund regulations. Business • 16 Nov 22
PayPal says policy to fine customers was an 'error' PayPal Holdings said it will not fine users for misinformation and an earlier policy update that said customers could have to pay $2,500 in damages … Business • 11 Oct 22
Shameful tracker scandal not over, despite record fine Imagine being told by your bank that you couldn't have something you thought, or even knew, you were entitled to. Business • 29 Sep 22
KPMG UK fined £700,000 for failing to challenge client Britain's accounting watchdog fined KPMG and a senior partner for failing to challenge what a client was telling them about certain complex supplier arrangements. Business • 02 Apr 20
Dublin's Savvi Credit Union fined by Central Bank The Central Bank has reprimanded and fined Dublin's Savvi Credit Union a total of €185,500 for three breaches of credit union legislation. Business • 07 Nov 19
Campbell O'Connor & Company fined by Central Bank Private client stockbrokers Campbell O'Connor & Company has been fined €280,000 by the Central Bank for anti-money laundering and terrorism financing compliance failures. Business • 10 May 19
Paddy Power Betfair fined £2.2m over check failings Paddy Power Betfair has been fined £2.2m by the UK's gambling watchdog for a raft of failings including allowing a punter to gamble money stolen … Business • 16 Oct 18
Central Bank fines BCP Asset Management €210,000 The Central Bank has fined BCP Asset Management Designated Activity Company a total of €210,000 for breaches of the conduct of business rules. Business • 21 Dec 17
Central Bank fines Intesa Sanpaolo Life €1m The Central Bank has fined life assurance company Intesa Sanpaolo Life €1m and reprimanded it for four breaches of the Criminal Justice (Money Laundering & … Business • 27 Nov 17
RBS to pay $5.5 billion to resolve US mortgage probe Royal Bank of Scotland will pay $5.5 billion to settle one of the two major US investigations into allegations it mis-sold mortgage-backed bonds that it … Business • 12 Jul 17
Bank of Ireland fined €3.15m by Central Bank Bank of Ireland has been fined €3.15m by the Central Bank for breaching rules which prevent money laundering and financing of terrorists. Business • 30 May 17
Tesco to pay £129m to settle false accounting charges Retailer Tesco has agreed to pay a £129m fine to settle an investigation by prosecutors over a 2014 profit overstatement, it said today. Business • 28 Mar 17
Deutsche Bank drastically cuts bonuses for 2016 Deutsche Bank has decided to cut bonuses drastically as it struggles to turn a profit and faces a big bill for litigation. Business • 18 Jan 17
South Korea fines Qualcomm on competition laws South Korea's competition regulator has fined Qualcomm 1.03 trillion won ($854m) for what it called unfair business practices in patent licensing and modem chip sales. Business • 28 Dec 16
Capita fined €1.15m over regulatory breaches The Central Bank has fined Capita Life and Pensions Services Ireland €1.15m for regulatory breaches over a nine-year period between 2006 and 2015. Business • 13 Oct 16
KBC Bank Ireland fined €1.4m by Central Bank The Central Bank has fined KBC Bank Ireland €1.4m and reprimanded it for breaches of certain financial regulations from September 2012 to February of this … Business • 10 Oct 16
Deutsche Bank denies need for government bailout Deutsche Bank has said it has no need for German government help with a $14 billion (€12.4 billion) US demand to settle claims it missold … Business • 26 Sep 16
Deutsche Bank to fight $14 billion demand from US Deutsche Bank said it would fight a $14 billion demand from the US Department of Justice to settle claims it missold mortgage-backed securities. Business • 16 Sep 16
New Ireland Assurance fined for breaches of code The Central Bank has fined New Ireland Assurance €650,000 and reprimanded it for two breaches of the Consumer Protection Code. Business • 18 Jul 16
Central Bank fines Arch Re Europe on code breaches The Central Bank has imposed a fine of €275,000 on Arch Reinsurance Europe Underwriting for breaches of the Corporate Governance Code. Business • 22 Mar 16
Germany fines Lego for playing with prices Danish toy maker Lego has been fined €130,000 by German regulators for preventing stores from offering discounts on its popular toys in 2012 and 2013. Business • 12 Jan 16
Barclays fined for cutting corners on crime checks Britain's markets watchdog said today it had fined Barclays £72m for cutting corners on checking customers for potential financial wrongdoing. Business • 26 Nov 15
China's report had errors, Moody's tells tribunal Ratings agency Moody's has told a Hong Kong tribunal that a report on Chinese companies had some errors, but it stood by the material outcome … Business • 11 Sep 15
