The Central Bank of Ireland has fined two investment firms, Lambay Capital and Octagon Online Services, for breaches of their regulatory obligations.
The bank said it fined Lambay Capital, trading as MKW Futures, €49,000 and imposed a fine of €105,000 on Octagon Online Services.
“While the facts and breaches in these two cases are different they share a common feature: each firm forgot, on an institutional level, its historic regulatory failings and prior dealings with...
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