Wednesday 21 November 2018

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

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

Charlie Weston, Personal Finance Editor

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

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.

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.

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

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

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.    

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