Irish Watchdog Tells Finance Advisers To Disclose Payments

Law360, London (September 25, 2019, 11:44 AM BST) -- Ireland’s central bank revealed details on Wednesday of rules that will force financial advisers to tell clients about their arrangements with banks and insurers for earning commission, in a move to minimize the risk of conflicts of interest and ensure transparency.

The Central Bank of Ireland has published rules that will require intermediaries such as brokers and financial advisers to disclose how much commission they are paid by banks and insurers. (AP) The Central Bank of Ireland, which regulates the country’s financial services, has published a package of rules that will require intermediaries, such as brokers and financial advisers, to reveal on...

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