The Finance (COVID 19 and Miscellaneous Provisions) Act 2021 was enacted on 19 July 2021 giving statutory effect to the 19 May 2021 Financial Resolution...

A day after the Central Bank published its Annual Report for 2018, in which it reiterated that it uses its suite of enforcement tools to hold firms and individuals to account

The Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Act") was signed into law by the US President on 21 July, 2010.

At least 100 orders by banks for possession of homes could now be struck out following a landmark ruling that places a question mark over the repossession system since 2009.

The European Commission has launched a targeted 8-week consultation on the functioning of the EU Securitisation Regulation.

The Central Bank has issued a Dear CEO Letter arising from its thematic review of early mortgage arrears supports, the outcome of which was published by the Central Bank on 24 April 2024.

The CBI on 24 June 2015 reported on recent inspections focusing on lender compliance with the Code of Conduct on Mortgage Arrears.

The Governor of the Central Bank of Ireland, Philip Lane, announced the results of the Central Bank's review of its 2015 Mortgage Regulations on 23 November 2016.

The Minister for Justice announced on Tuesday (29 May 2018) that a new bill will be drafted to provide further protections for mortgagors facing repossession proceedings.

Given the current uncertainties facing banks in the exercise of various repealed statutory powers, the sooner the Bill is enacted and the Start Mortgages decision is consigned to history, the better.

On 5 February 2016 the Commercial Division of the High Court (Haughton J) handed down judgment in two linked cases: Sheehan v Breccia and others, and Flynn and Benray Limited v Breccia.

In this regular briefing, we summarise recent cases, developments and trends relevant to the ongoing efforts to resolve the mortgage arrears crisis.

Does a bank have any legal entitlements where its interest is noted on an insurance policy? The High Court in Allied Irish Banks PLC v Connors [2018] IEHC 382 has reviewed this question.

A recent High Court decision in Ireland highlights the care that needs to be taken in property repossession claims by lenders where a borrower's principal dwelling house ("PDH") ...

On 21st July 2014 the Department of Finance opened a five (5) week public consultation process to consider the issue and options available to the Irish Government in context of regulating purchasers of mortgage loans (www.finance.gov.ie/news-centre).

A recent High Court judgement delivered by Ms. Justice Ní Faifeartaigh considered the question as to whether a lending bank had a contractual right to appoint a receiver over secured property without prior demand...

Following the announcement by the Central Bank, on 29 April 2024, of the introduction of macroprudential measures for Irish-authorised GBP-denominated Liability Driven Investment...

In appealing to the Supreme Court against the orders granted in the High Court, the Appellants sought to rely on a number of grounds.

Since July 2011, lenders have lived with great uncertainty as to their statutory rights, particularly their right to obtain possession of a secured property by way of summary proceedings.

A total of 1,135 possession orders were made by the Irish courts in the first nine months of 2015. This is an increase of almost 70% on the same period in 2014, and a 350% increase on the same period in 2013.