Sunday 4 December 2016

Tipperary hurler Darren Gleeson banned from being financial adviser by Central Bank

Charlie Weston, Personal Finance Editor

Published 04/05/2016 | 12:06

Darren Gleeson, Tipperary. Tipperary Hurling Squad Portraits 2016. Picture credit: Stephen McCarthy / SPORTSFILE
Darren Gleeson, Tipperary. Tipperary Hurling Squad Portraits 2016. Picture credit: Stephen McCarthy / SPORTSFILE

The goalkeeper from the Tipperary hurling team, Darren Gleeson, has been prohibited from acting as a financial adviser by the Central Bank.

  • Go To

Mr Gleeson had worked in Quinlan Financial Services in Nenagh.

The Central Bank said that following a fitness and probity investigation conducted in accordance with Section 25 of the Central Bank Reform Act 2010, a prohibition notice has issued against Mr Gleeson, of Portroe, Nenagh, Co Tipperary.

It said he was formerly a director of a retail intermediary firm.

Darren Gleeson, Tipperary. Picture credit: Stephen McCarthy / SPORTSFILE
Darren Gleeson, Tipperary. Picture credit: Stephen McCarthy / SPORTSFILE

The move by the regulators prohibits him from carrying out any controlled functions, including pre-approval controlled functions, in any regulated financial service provider for an indefinite period.

Hugh Maloney of Quinlan Financial Services, a company that sells pensions and life insurance products, said Mr Gleeson left the firm in October.

It was not clear why the Central Bank has moved against the hurler.

“Darren has moved on, and I have no further comment. We run a regulated firm here,” he said.

Mr Gleeson (35) has been a regular member of the Tipperary hurling starting fifteen and has won Five Munster medals. He has been an All-Ireland winner on one occasion.

Under the Central Bank Reform Act 2010 (the “2010 Act”) gave the Central Bank a consolidated power to approve senior appointments to regulated firms and powers to investigate, suspend, or prohibit persons from the financial services industry where concerns arise about their fitness and/or probity.    

Online Editors

Read More

Promoted articles

Editors Choice

Also in Business