The Central Bank of Ireland has issued a Prohibition Notice indefinitely barring Nicholas (Nick) Buckley from carrying out any controlled function, including pre-approval controlled functions, for any regulated financial service provider, effective from 25 February 2026. The prohibition follows his signed Statement of Undisputed Facts admitting he directed clients to pay fees into his personal bank account rather than his employers’ accounts and misrepresented his financial qualifications while working at two retail intermediaries. Between 1 February 2021 and 12 December 2023, Buckley worked in customer-facing controlled functions at Sterner Holdings Limited and Dolmen Insurance Brokers Limited and issued five invoices or payment requests substituting his personal Revolut details for firm bank details (EUR 500, EUR 500 and EUR 250 at Sterner; EUR 500 and EUR 125 at Dolmen), with one EUR 500 payment received and retained. The Notice records that he is a qualified financial adviser and accredited product adviser but falsely claimed additional designations including Certified Financial Planner and Recognised Prospectus Advisor, and it notes he has a criminal conviction related to the Sterner conduct; no finding or criticism is made in respect of any other party.
Central Bank of Ireland 2026-04-01
Central Bank of Ireland indefinitely prohibits Nicholas Buckley from all controlled functions effective 25 February 2026
The Central Bank of Ireland has issued an indefinite Prohibition Notice against Nicholas Buckley, barring him from performing any controlled or pre-approval controlled functions for any regulated financial service provider from 25 February 2026. The action follows his admission that he directed clients to pay fees into his personal account instead of his employers’ accounts, misrepresented his professional qualifications while at two retail intermediaries, and has a related criminal conviction.