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Frequently asked questions on the Credit Institutions (Financial Support) Scheme 2008

  • A&L Goodbody
  • -
  • Ireland
  • -
  • December 31 2008

The Department of Finance has issued a list of frequently asked questions in relation to the Credit Institutions (Financial Support) Scheme which answers queries such as "What is the Scheme?", "Who is the Guarantor?", "How long does it last?", together with more technical queries such as "What does senior unsecured debt mean for the purposes of the Scheme?"

The new credit institution mergers provisions in Ireland: frequently asked questions

  • A&L Goodbody
  • -
  • Ireland
  • -
  • December 31 2008

In this edition's section on Irish and UK Competition News, we cover the recent amendments to Irish Competition law which have introduced changes to Irish merger control rules insofar as they apply to the financial sector in certain circumstances

Regulator enters into Settlement Agreement with mortgage intermediary

  • A&L Goodbody
  • -
  • Ireland
  • -
  • December 31 2008

The Financial Regulator has entered into a Settlement Agreement with Mr Michael McGarrigle, a mortgage intermediary, for suspected breaches of requirements under the Consumer Protection Code

Change to the Anglo Irish Bank Bill regarding right to withdraw large deposits

  • A&L Goodbody
  • -
  • Ireland
  • -
  • January 19 2009

It has been reported that the Government has made an amendment in one important area to the Anglo Irish Bank Bill 2009, the proposed legislation dealing with the nationalisation of Anglo Irish Bank

Anglo Irish Bank Bill 2009 - passed with minimal amendment

  • A&L Goodbody
  • -
  • Ireland
  • -
  • January 21 2009

The bill to nationalise Anglo Irish Bank, the Anglo Irish Bank Bill 2009, was passed by both houses of the Irish legislature late yesterday evening, 20 January 2009

Financial Regulator issues consultation paper on voluntary standards for Credit Unions

  • A&L Goodbody
  • -
  • Ireland
  • -
  • December 31 2008

On 19th December the Financial Regulator launched its second public consultation on the introduction of voluntary standards for Credit Unions

Consumer Protection Code for Licensed Moneylenders

  • A&L Goodbody
  • -
  • Ireland
  • -
  • December 31 2008

The Financial Regulator has issued a new statutory Consumer Protection Code for Licensed Moneylenders following the Regulator's report on the Licensed Money Lending industry published in March 2007

Anglo Irish Bank Bill 2009

  • A&L Goodbody
  • -
  • Ireland
  • -
  • January 20 2009

On 15 January, 2009, the Minister for Finance announced that Anglo Irish Bank Corporation plc (Anglo) is to be nationalised thereby abandoning its plan to recapitalise the bank by way of a 1.5 billion injection of funds

Report recommends significant review of operation of Financial Regulator

  • A&L Goodbody
  • -
  • Ireland
  • -
  • January 14 2009

The report of the Committee established by the Irish Financial Services Regulatory Authority (the Authority) into the handling of the recent issue regarding Anglo Irish Bank has made the following recommendations to the Authority

Financial Regulator examines foreign exchange charges

  • A&L Goodbody
  • -
  • Ireland
  • -
  • December 31 2008

The Financial Regulator has conducted a nationwide examination of foreign exchange charges being imposed by banks and bureaux de change for retail foreign exchange transactions

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