by Francis Conroy | Dec 20, 2023 | Hot Topics
In 2022/23, the Financial Ombudsman Service made significant progress in improving the level of customer service that we offer, whilst going through a period of transformation as an organisation. Some key performance highlights from the year include: 165,149...
by Francis Conroy | Dec 20, 2023 | Hot Topics
Key points of note in the fourth Quarterly Bulletin for 2023 include: Economic activity measured by GDP will likely contract for the year as a whole. At the same time, the domestic economy as measured by modified domestic demand will likely grow Modified...
by Francis Conroy | Nov 30, 2023 | Hot Topics
The Financial Stability Review published 23 November 2023 by the Central Bank of Ireland. The report outlines the Central Bank’s assessment of key risks facing the financial system, the resilience of the economy and financial system to adverse shocks, and policy...
by Francis Conroy | Nov 30, 2023 | Hot Topics
The Financial Ombudsman Service publish data every six months showing the number and outcome of the complaints they handle about financial businesses. The data covers January to June 2023. Overall, the Financial Ombudsman Service received a total of 93,114 complaints...
by Francis Conroy | Nov 30, 2023 | Hot Topics
The 2023 information seminar for credit unions, which was hosted remotely by the Central Bank of Ireland on Thursday 19 October 2023. Topics covered in the information seminar include updates on credit union lending and current accounts, restructuring, MCC and a...
by Francis Conroy | Nov 30, 2023 | Hot Topics
The Central Bank established a Climate Change Unit in 2021 to embed climate risk and sustainable finance considerations into its day-to-day activities. Since 2022, The Central Bank have also been increasing their climate-related engagement with regulated firms and...