The Central Bank has pushed back a deadline for payment firms such as Stripe, Square and Fexco to submit special audits detailing how they protect client money, despite finding “significant deficiencies” in the sector just a few months ago.
A holding company for a number of hotels in the Press Up Entertainment group that is controlled by Paddy McKillen Jr and Matt Ryan made a €15m loss in 2021 as it was hit by Covid restrictions, newly-filed accounts for the business show.
Holders of bonds issued by Digicel’s holding company (holdco) will share just over $180m (€168m) in cash after a majority backed a debt-restructuring deal with Denis O’Brien’s Jamaica-headquartered telecoms group that sees them exit their investments for a cash payment, according to a company statement.