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The Central Bank of Ireland (CBI) has now published the revised Consumer Protection Code which will go into effect on 24 March...

The CBI’s Consumer Protection Code was first introduced in 2006 and has been heavily amended in the intervening years. The Code is designed to ensure that financial service providers operate in a manner that is fair,...more

Important update for the banking, payments and lending sectors: the Central Bank of Ireland (CBI) highlights its key risks and...

The Central Bank of Ireland’s (CBI) Regulatory and Supervisory Outlook 2025 outlines key risk topics which it deems to be most material from a supervisory perspective across the Banking and Payments Sector. Under section four...more

Foreign direct investment (FDI) global legal guide

In line with international and European developments, Ireland has introduced a new regime to provide for a process to allow for certain transactions that may present risks to the security or public order of the State to be...more

Central Bank of Ireland issues Guidance on authorisation of PIs and EMIs and registration of AISPs

On 9 April 2024, the Central Bank of Ireland (the "CBI") issued guidance on the authorisation of payment institutions ("PIs") and Electronic Money Institutions ("EMIs") and the registration of account information service...more

Central Bank of Ireland provides remarks on perspectives and priorities in the payments and e-money sector

Following the publication of the Regulatory and Supervisory Outlook Report, Mary-Elizabeth McMunn of the Central Bank of Ireland provided remarks on the key regulatory priorities for the year ahead....more

EU Non-Performing Loans Directive: Potential impact of implementation in some key Member States

The EU Directive (EU) 2021/2167 (NPL Directive), published in the Official Journal of the EU on 8 December 2021 and regulating the sale, purchase and servicing of both consumer and commercial non-performing loans (NPLs)...more

Cost of living crisis and financial services: what’s the impact in the UK and Ireland?

As part of the Hogan Lovells FinTech Fundamentals webinar series, on 22 March 2023 Financial Services Regulatory senior associate Jen Staniforth hosted a thought provoking panel discussion on the impact of the cost of living...more

Central Bank of Ireland publishes Dear CEO letter to payments industry

On 20 January 2023, the Central Bank of Ireland (CBI) published a Dear CEO letter to the payments industry (Letter) detailing its findings from recent industry engagement. The Letter sets out certain required actions for...more

Central Bank of Ireland Dear CEO letter - consumer protection in challenging economic times

The Central Bank of Ireland has issued a Dear CEO letter to all Irish regulated financial services providers reminding them of their consumer protection obligations in the context of the challenging economic outlook....more

Central Bank of Ireland launches review of its Consumer Protection Code 2012

On 3 October 2022, the Central Bank of Ireland (CBI) announced that it is carrying out a comprehensive review of the Consumer Protection Code 2012 (Code) and has issued a discussion paper calling for feedback and views from...more

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