The ‘big bad bank run’ is very quiet bank run as defined by Barron's dictionary of banking terminology as follows: 'A series of unexpected cash withdrawals caused by a sud... Continue reading
Who needs a Celtic Tiger when you could have a Celtic LION? What if there is a way that we could 1. Create Jobs? 2. Do it without seeking Government grants or subsidies? 3. Give people a chance ... Continue reading
PRTB Price Increase explained (by the Private Residential Tenancies Board) found out that the PRTB was going to increase the price it charged to a landlord to register a tenancy and decided to email them asking... Continue reading
The issue with the case against ‘Reckless lending’ In operations I have two main roles, firstly is the obvious operational aspect of any company which has to do with logistics of loan su... Continue reading
Financial Regulator, official change name to Central Bank of Ireland In recent correspondence the Financial Regulator wrote explaining that they have merged with the Central Bank, so in future, instead of... Continue reading
‘Plan B’ for arrears There is a strange situation occurring in the Irish property market, arrears are rising rapidly, stock of repossessed homes is on the i... Continue reading
Mortgage Arrears for the first half of 2010 We expected a 10% increase in mortgage arrears for the first half of this year, moving the total from 32,321 households to 35,531, how... Continue reading
No use having teeth if you don’t bite: FSA shows it has grit. Below is a press release from the Financial Services Authority in the UK. This is how they deal with executives who cross the line, whi... Continue reading
Regulation failure: Independent brokers unable to be ‘independent’ We were thinking of changing the way that brokers operate, by saying to our clients 'our service comes at a price, we'll advise you on ... Continue reading
Money Laundering and Anti-Terrorism Regulation: Consistently Achieving Nothing In the last twenty years there has been a huge increase within the financial services industry of 'anti-money laundering' and 'anti-ter... Continue reading