A modernised Consumer Protection Code
The Consumer Protection Code Review – Last Chance to Have Your Say In March of this year, the Central Bank of Ireland (CBI) published a consultation paper on its Consumer Protection Code (CPC or the Code). In this paper, the CBI sets out its intention to deliver an “updated and modernised Code that reflects developments […]
CBI’s safeguarding expectations of payment and e-money institutions – a timely reminder
As the safeguarding deadline approaches for payment and e-money institutions in Ireland, this blog sets out the main takeaways from fscom’s safeguarding webinar held earlier this year. With consumers facing a cost-of-living crisis and economic downturn, the Central Bank of Ireland (CBI) has identified protecting consumers as one of its core priorities. This heightened regulatory […]
Irish Consumer Credit Sector in the Spotlight as Central Bank of Ireland Expands Regulatory Perimeter
Plenty of changes are afoot for the Irish consumer credit markets, following the enactment of the Consumer Protection (Regulation of Retail Credit and Credit Servicing Firms) Act 2022 (the “Act”). The Act extends the Central Bank of Ireland’s (CBI’s) consumer protection framework to a broader range of firms and consumer credit activities, with the aim […]