Finance Committee to discuss impact of Brexit on Financial Services

The Committee will engage on the impact of Brexit on financial services.

Agenda:

Session A: Mr. Pat Lardner, CEO, Irish Funds Industry Association; Mr. Marc Coleman, Director of Financial Services Ireland (FSI); Mr. Aidan Regan, Associate Professor of Politics and International Relations, University College Dublin; and

Session B: Mr. Ed Sibley, Director of Credit Institutions, Mr. Gerry Cross, Director of Policy and Risk and Mr. John Flynn, Head of Irish Economic Analysis, Central Bank of Ireland

Speaking ahead of the meeting, Committee Chairman John McGuinness TD, said, “Since before the UK voted to leave the EU, there has been ongoing speculation that Ireland - particularly Dublin - could benefit from Brexit, as UK based financial institutions seek alternatives for their European businesses. Tomorrow’s Finance Committee meeting will be an opportunity for Committee members to engage directly with industry professionals and analysts on how likely it is that there will be tangible benefits for Irish financial services. We will also discuss the inevitable risks that Brexit will mean for the IFSC, which is often regarded as a satellite of the City of London financial market.”

Committee proceedings can be viewed live here.

Committee proceedings can also be viewed on the move, through the Houses of the Oireachtas Smartphone App, available for Apple and Android devices.