Central Bank of Ireland just enforced against Coinbase Ireland. Here's what it means for European crypto firms and regulated e-money entities.

1️⃣ Financial Conduct Authority — Cancellation of Part 4A Permission for Couplands
The FCA cancelled the active Part 4A firm permissions of Couplands (Lincoln) Limited due to severe regulatory reporting breaches.
This action hits UK financial advisory firms, credit brokers, and small licensed intermediaries facing regulatory reporting reviews.
Regulated firms must audit compliance reporting schedules immediately to ensure full alignment with FCA filing deadlines.

2️⃣ BaFin — License Revocation and Winding-Up Order for Bank Saderat Iran
BaFin revoked the banking license of Bank Saderat Iran Hamburg branch and ordered the formal winding up of its German business.
This directly impacts foreign credit institutions, international correspondent banks, and trade finance entities active in Germany.
Financial firms must terminate active correspondent banking ties and align cross-border clearing channels with German regulatory orders.

3️⃣ FDPIC — Prohibition of Advertising Data Processing for Add Conti
The Swiss FDPIC banned Add Conti GmbH from processing user data for commercial ads and ordered total data deletion.
This hits Swiss marketing firms, adtech vendors, and third-party data brokers processing consumer profile records in Switzerland.
Data controllers must re-check user consent mechanisms and immediately purge non-compliant commercial ad lists.

4️⃣ Autorité de la concurrence — Fines for Anticompetitive Sub-Threshold Deal
The French competition agency fined medical waste firms in La Réunion for anticompetitive pacts in a sub-threshold merger deal.
This impacts dealmakers, corporate legal advisors, and healthcare providers conducting small regional deal activity in France.
Transaction teams must evaluate competition risks for small deals that fall below standard merger filing limits.

5️⃣ Central Bank of Ireland — Settlement Notice Issued to Coinbase Ireland
The Irish central bank concluded an enforcement settlement with Coinbase Ireland over licensing standards and reporting gaps.
This targets crypto asset service providers, e-money firms, and digital asset platforms operating under Irish regulation.
Supervised entities must upgrade internal risk controls and enhance regulatory reporting protocols ahead of supervisory checks.

Full analysis in the attached RegNext Daily Europe Radar carousel.

— Elena Navarro · Managing Editor, RegNext
Daily Europe Radar · Thursday 22 Oct 2026
#EURegulation #UKRegulation #FinancialRegulation #ComplianceIntelligence