Authorisation processes in Ireland

In this episode of our podcast, Jennifer Duffy and Aaron Tangney, Senior Associates in our Financial Regulation Group, discuss what firms need to know when seeking regulatory authorisation in Ireland. They explore why Ireland continues to attract a broad range of applicants seeking authorisation as payment institutions, e-money institutions, MiFID investment firms and crypto-asset service providers, and examine the role of the Central Bank of Ireland as a supervisory authority.Jennifer and Aaron outline the practical steps involved in the authorisation process, including the importance of establishing genuine local substance, strong governance frameworks, effective board oversight and appropriately resourced management teams.