Financial services law
The Central Bank of Ireland has launched an investigation into the legality of commercial banks adding legal fees to the mortgages of customers in arrears, even before court cases have concluded.
Published 16 May 2019
Stockbroker fined €280,000 for anti-money laundering failings in first-of-its-kind enforcement action
A firm has been fined €280,000 in the first enforcement action taken against a stockbroker for breaches of the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010.
Published 13 May 2019
The Irish Bank Resolution Corporation (IBRC) has had its application for the trial of a preliminary issue of law refused in the High Court.
Published 3 May 2019
Julie Sadlier, solicitor at Kieran Mulcahy Solicitors in Limerick, writes on a recent ruling with potential significance for mortgage cases.
Published 29 April 2019
A bill which would stop banks from selling loans to investment funds without borrowers' permission has won backing from legal rights group FLAC.
Published 18 April 2019
A bank has been ordered by the Workplace Relations Commission (WRC) to pay €4,000 in compensation to a Syrian refugee who was denied a bank account.
Published 10 April 2019
Dillon Eustace recently advised the London branch of Deutsche Bank AG on the securitisation of the Seniors Money mortgage book.
Published 9 April 2019
ByrneWallace's banking and finance team has been shortlisted for a prestigious European award in connection with its work on a securitisation arrangement entered into by Permanent TSB plc (PTSB) for a portfolio of loans.
Published 4 April 2019
High Court: Defences relied on by builder challenging application for specific performance of contract for sale rejected
A builder who challenged an application for specific performance of the sale of his home pursuant to a contract he signed in 2014, has had all defences relied on rejected in the High Court.
Published 28 March 2019
Arthur Cox has announced the appointment of Orla O'Connor as its next chairperson, marking the first time that a woman has held the law firm's top post.
Published 25 March 2019
The Central Bank of Ireland has announced it will review the practice of lenders adding legal fees to the mortgage arrears accounts of homeowners involved in repossession cases.
Published 19 March 2019
LK Shields has announced the return of Adrian Mulryan as the firm's new head of financial services.
Published 12 March 2019
The former chief executive of Irish Life & Permanent, who was found guilty of conspiracy to defraud, has lost an appeal against his conviction.
Published 22 February 2019
High Court: Financial services company alleging pressure to mis-sell financial products granted injunction against EBS
A financial services company alleging that a Termination Notice of its Tied Agency Agreements with EBS was as a result of its refusal to succumb to “pressure” from EBS to “mis-sell financial products”, has been granted an injunction in the High Court.
Published 15 February 2019
Naomi Gaston, senior associate at Mills Selig, writes on the importance of security at major cryptocurrency exchanges.
Published 8 February 2019