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Firms expect impact from sweeping US regulatory changes

An overwhelming majority of Irish financial services organisations expect the sweeping regulatory changes emanating from the US to have an impact on Irish firms.

Business • 24 Jul

Michael Barr, who's term was not due to end until the middle of 2026, has faced criticism from the incoming President

Top US banking regulator to step down early

The US Federal Reserve's top banking regulator has announced his early resignation, avoiding a confrontation with President-elect Donald Trump who can now pick his replacement.

Business • 06 Jan

Many companies are concerned about the array of digital, data and security rules that are coming into force

Just 15% of Irish firms 'fully compliant' with GDPR

Just 15% of businesses here say they are fully compliant with the European Union's General Data Protection Regulation (GDPR) rules.

Business • 17 Jul 24

CBRE says that despite despite regulatory and policy changes the multifamily sector showed remarkable resilience last year

Investors 'frustrated' by Govt intervention in property

It is critical that further Government intervention in the multifamily accommodation sector is now curtailed to avoid large amounts of investor capital opting to move into other sectors

Business • 18 Jan 22

"If it had been Lehman Sisters rather than Lehman Brothers, the world might well look a lot different today," IMF chief Christine Lagarde has said

IMF chief warns of waning commitment to regulation

Only 10 years since the worst global financial crisis since the 1930s, commitment to regulation to avoid the next one, and to the cooperation that prevented a new depression, is waning, the IMF chief has warned.

Business • 05 Sep 18

Airbnb says 640,000 short-term rentals were operated in Ireland this summer

Govt urged to regulate Airbnb to tackle short-term lets

The Government needs to regulate the Airbnb sector as huge numbers of properties are being used exclusively for short-term lets adding to the housing crisis, a Labour Senator has claimed.

News • 14 Aug 18

Vladimir Putin previously said crypto-currencies are risky and used for crime

Russia to regulate crypto-currencies

Russian authorities have agreed to regulate the crypto-currency market, Finance Minister Anton Siluanov has said, cited by TASS news agency.

Technology • 11 Oct 17

Hundreds of clinics around the world are offering therapies that claim to offer the transplantation of stem cells

Tighter regulations on stem-cell tourism called for

There need to be tighter regulations to protect patients who are considering "stem cell tourism", a team of experts have said.

Science • 06 Jul 17

Deutsche Telekom believes the US regulatory environment is positive for possible mergers.

Deutsche Telekom optimistic for US merger opportunity

Deutsche Telekom is optimistic about the regulatory environment in the United States under the Trump administration.

Business • 31 May 17

The high volume of breaches in Bank of Ireland's case pointed to significant weaknesses, according to the Central Bank

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

The three new directors will take up their roles over the course of 2017

Central Bank appoints three new directors

The Central Bank has announced three senior appointments in the areas of markets supervision and financial stability.

Business • 13 Dec 16

Mario Draghi argues that excessive deregulation was the chief cause of the global financial crisis

Draghi: Banking regulation should not be reversed

The global banking sector needs to be well regulated and measures already decided should not be rolled back, European Central Bank President Mario Draghi has said.

Business • 18 Nov 16

Virgin Media accepted the finding and agreed to pay the fine in full

Virgin Media fined €255,000 over regulatory breach

Virgin Media has been fined €255,000 for failing to give some customers a permanent record of their contract.

Business • 22 Sep 16

Many users now use services like WhatsApp as their primary means of communication

EU to tighten rules on messaging services

The European Union will in September propose subjecting internet services like WhatsApp and Skype to similar rules as traditional telecommunications companies, a spokesman has said.

Business • 16 Aug 16

Daniele Nouy is the head of the ECB's regulatory arm

Only handful of big banks miss capital requirement

Only a handful of Europe's top banks have less capital than required and financial regulation is now entering a period of normalcy after years of crisis management.

Business • 10 Nov 15

Many blamed asset-backed securities on the US financial crisis

Regulators may ease rules on asset-backed debt

Global regulators may ease restrictions on asset-backed or pooled-debt in a policy shift that banks and European policymakers say is needed if financial markets are to play a bigger role in funding economic growth, two financial industry sources have said.

Business • 22 Jul 15

Critics have questioned how enforceable the new rules would be

British bankers may have bonuses taken years later

Top bankers in Britain could have their bonuses clawed back a decade after they were awarded under proposals from the country’s regulators, would make industry pay curbs the toughest in the world.

Business • 23 Jun 15

The NESC report calls for a move to leases which are effectively indefinite

Report calls for rent regulation and longer leases

A new report from the National Economic and Social Council calls for rent regulation and longer leases to tackle the problems in the rental sector.

News • 13 May 15

There are still many questions around the health benefits of e-cigarettes

Govt approved drafting e-cigarette bill last year

A spokesperson for the Department of Health has said the Government approved the drafting of a General Scheme of a Bill last year to restrict e-cigarette sales.

News • 31 Jan 15

Credit Unions will have tighter restrictions on savings and lending under the proposed rules

Central Bank plans new rules for Credit Unions

Credit Unions will be forced to reduce the amount their customers can save under new regulatory proposals from the Central Bank.

Business • 27 Nov 14

The social network was found to have breached regulations on recording and paying for employee overtime

LinkedIn to pay $6m over US overtime violations

LinkedIn has agreed to pay nearly $6m in back wages and damages to 359 current and former employees after a US investigation found it had failed to pay them properly for overtime work.

Business • 05 Aug 14

EPS Consulting wants the impact of all proposed legislation to be assessed

Impact of regulation not being assessed - report

The impact of most new legislation is not being analysed before it is enacted, according to a new report by public affairs consultancy group EPS Consulting.

Business • 31 Mar 14

The report says senior bankers should be held personally responsible for abuses

British MPs want laws to jail 'reckless' bankers

Britain should introduce laws making it possible to jail "reckless" bankers and claw back past bonus and pension awards, an influential panel of lawmakers has said.

Business • 19 Jun 13

John Bruton said there were problems in financial services but regulation was not the sole solution

John Bruton criticises financial regulation burden

Former Taoiseach John Bruton has told the European Insurance Industry Forum that it is time to rein in regulation.

Business • 10 May 13

Eamon Gilmore said good progress was being made on the creation of a banking union

Gilmore admits concerns over EU budget

Tánaiste Eamon Gilmore has told the Foreign Affairs Committee that it is very important agreement is reached on the EU budget by the end of next month.

News • 09 May 13