No Brexit shortcut for firms moving to Ireland - central bank

No Brexit shortcut for firms moving to Ireland - central bank
 

The authorisation process for financial services firms wanting to set up in Ireland following Britain's vote to leave the European Union cannot be short circuited, a central bank official said on Monday.
The Irish government has called Britain's EU exit plans the greatest foreign policy challenge in decades but the potential to draw business away from the City of London could offset some of the economic damage.
Officials have said there has been a jump in enquiries from firms in London about opening offices in Dublin due to fears they will lose access to the EU's "passporting"... read more

 
3 October 2016 in Business, Views: 46
Source: Reuters
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