Irish Central Bank Clears Over Half Of Brexit Applications

Law360, London (February 1, 2019, 8:38 PM GMT) -- The Irish central bank said Thursday that it has processed over half of the 100-plus applications it received from financial services firms that want to set up shop in Ireland ahead of the United Kingdom's departure from the European Union.

The Central Bank of Ireland said it is getting through the increased number of authorization applications that it received from banks and insurers during the second half of 2018. In a biannual report, the central bank said these applications came from almost every financial sector, including payment, investment and insurance firms. Ireland's financial gatekeeper said it will process more applications in...

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