Oireachtas Joint and Select Committees

Tuesday, 30 May 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Brexit - Recent Developments and Future Negotiations: Discussion (Resumed)

4:00 pm

Mr. Marc Coleman:

If I might echo that, we need to understand that where a bank, insurance company or funds company is domiciled does not affect the fact that the services it provides benefits citizens across Europe. For example, a bank located in Ireland might invest in a small olive tree farmer in Greece, creating employment in that country. As such, we need to be careful of narratives that are overly jurisdictional.

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