‘Bizarre’ for Israel to use Ireland as home country for bonds, Central Bank says
The Governor of the Central Bank of Ireland, Gabriel Makhlouf, described it as 'bizarre' for Israel to designate Ireland as the home state for its EU bonds, given they are not marketed there. He stated the bank must adhere to current EU regulations but is reviewing compliance, amidst criticism that approving the bonds implies complicity with Israel's military operations in Gaza.
Why it matters
This issue highlights the complex interplay between international finance, regulatory frameworks, and ethical considerations, particularly concerning investments linked to conflict zones. It could prompt changes in EU prospectus regulations and impact Ireland's financial reputation.
It is "sort of bizarre" for Israel to have Ireland as the home state for its bonds in the EU , the Governor of the Central Bank said, noting they are not marketed in the country "at all".
BreakingNews.ie reports on statements from officials and public controversy, presenting different sides without overt editorializing.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in