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Central Bank bans Cumiskey for indefinite period rte.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rte.ie Daily Mail and Mail on Sunday newspapers.
The Central Bank has banned the former managing director of the now-defunct European Mortgage Call Centre in Dundalk from carrying out a senior role in a financial firm, after investigating complaints about him taking home-loan deposits from clients even though his business was not authorised to provide mortgage services. The Central Bank found that between January 2018 and August 2018 James Cumiskey, former managing director of European Mortgage Call Centre, âinduced persons to give him deposits they had saved for a mortgageâ on the basis that he required the money to process mortgage applications on their behalf. âAlthough neither Mr Cumiskey nor his firm (European Mortgage Call Centre Limited) were authorised as a mortgage intermediary, the firmâs website prominently advertised mortgage services,â it said. ....