Seán Sherlock (Cork East, Labour) | Oireachtas source

I will be brief, as I am under time constraints, so I apologise in advance. I welcome the submission. Were we seeking the Central Bank's state of play in the context of what is still arguably a nebulous process in terms of the politics of Brexit and the negotiations therein, this would be a good one.

I will ask a simple question to seek a better understanding of the nature of authorisations. Mr. Sibley referred to "currently authorised firms that are considering changes to existing operations and those that are considering seeking entirely new authorisations". Will he give us a brief sense of what that means in real terms? What types of changes to those authorisations and new authorisations are being discussed? Will he break them down by sector? Do they relate to banks, fund managers, financial services and so on?