Oireachtas Joint and Select Committees
Tuesday, 26 March 2019
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Central Bank of Ireland: Discussion
Professor Philip Lane:
It is a rupture with the UK in that sense. These must be self-contained firms, satisfying EU 27 customers. Of course, there will be linkages because global firms will have operations in America and London but the substantial message here is that the Dublin offices will be sufficiently stand-alone that we can be effective supervisors and Europe can say that we have sufficient oversight and regulation to satisfy what is expected of a regulator.
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