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

Photo of Gerry HorkanGerry Horkan (Fianna Fail) | Oireachtas source

In terms of the Solvency II directive and third country equivalence, it applies to reinsurance firms but not to insurance companies, e-money or payment services. Is that a big problem for insurance firms that might potentially relocate to Ireland that these mechanisms do not apply here?

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