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Protecting our economy, attracting financial services jobs

Posted March 10th, 2017

AS part of our ongoing efforts to bring financial services jobs to Ireland and safeguard our nation’s economy as Brexit approaches, I was in Brussels last week for meetings with key EU decision-makers and private sector stakeholders.

Throughout my engagements, I emphasised that Ireland is very much open for new business within the context of a responsible regulatory framework overseen by the Central Bank, aimed at facilitating growth and combining this with long-term economic stability.

In meetings with the European Commission’s Vice-President, Valdis Dombrovskis, and members of the European Parliament’s ECON committee, I explained our preparations for Brexit as part of the 2017 Action Plan under our IFS2020 strategy.

I also took part in a panel discussion, ‘Fintech and Digital Innovation’, on the regulatory implications for governments and the industry of advances in financial services technology. My address focused on the challenge of finding the balance between prudence and innovation.

You can see a photo from the Fintech event here.

Read more about my work in Brussels and London here.