Ireland Expects Post-Brexit Finance Firm Applications to Rise

Ireland’s central bank expects the number of financial institutions applying for regulatory authorization in the state to increase, continuing a rise since Brexit.

The number of applicants was “not expected to fall off and would in all likelihood increase,” senior members of the bank told the Commission in response to questions, according to minutes from a March 1 meeting.

In response to questions over whether securing authorization in Ireland “can be more onerous than other jurisdictions,” executives said the central bank applies European Union “standards and norms” to its process, but was “seeking to be forward looking in its approach.” ...