Financial Services Ireland (FSI)

The Irish financial services sector has come a long way in the past 40 years. Today, it is a major employer and a key driver of the Irish economy. However, we cannot take this success for granted. ⬇️ Click on link below to read David Howard's article in The Irish Times where he discusses two key factors that are driving change in the financial services sector: technology and climate action. David also calls for the establishment of a national fintech hub to boost competitiveness and innovation. A national fintech hub would be a physical location that would serve as a natural first landing point for multinationals considering entry to the Irish market. It would also serve as a home and place of learning for early-stage fintech firms, as well as research and innovation teams from longer-established firms. The hub would be a tangible symbol of Ireland's commitment to excellence in financial services innovation. But it is just one piece of the puzzle. Investment in R&D will also play a huge part. The financial services sector is performing well in Ireland, but we must strive for more. We must always remain ambitious. #financial services #fintech #innovation #Ireland https://lnkd.in/ec8suJsj

FSI welcomes today's announcement by the Central Bank of Ireland of the companies involved in the first innovation sandbox. This initiative will greatly assist firms of all sizes who are seeking to develop new, innovative financial services products that are of benefit to consumers. The knowledge and insights shared by the Central Bank of Ireland will support innovation and facilitate the delivery of new products and services, by helping the participants meet their compliance obligations more efficiently.

Huge milestone reached: 100th signatory for Ireland's Women in Finance Charter Women in Finance Charter. This is a fantastic achievement that reflects the growing commitment across the industry to create a more inclusive and balanced workplace for everyone. 🎉 But this is just the beginning! We encourage all financial services companies across Ireland to join your peer as the industry strives to achieve gender balance in the industry. ➡️ Learn more and become a signatory here: https://lnkd.in/ePuKhb_K or email info@fsi.ie

As we wrap up 2024, we’re proud to reflect on a year filled with significant achievements and collaborative efforts. You can find a link to Impact 2024 which showcases how your Ibec membership benefits your business on so many levels—your sector, company, people, and operating environment. Key highlights from FSI: 🔸 Advocacy: We championed crucial industry issues, including the National Payments Strategy, Digital Euro, and Sustainable Finance. 🔹 Talent and Skills: We focused on developing the industry's workforce through initiatives like the In-house ER legal counsel forum and implementation the EGFSN report actions. 🔸 Diversity, Equity, and Inclusion: We advanced gender equality through Ireland’s Women in Finance Charter and promoted neurodiversity in the workplace. 🔹 Digital Finance: We supported the fintech ecosystem and actively engaged with the Central Bank of Ireland on regulatory matters. We're grateful to our members for their continued support and partnership. Let's build on these successes in 2025! Click here to view Ibec's Impact in 2024 - https://lnkd.in/e_cfXmdy

Absolutely delighted to be once again involved in the Deloitte Fast 50 Awards this year! 🎉 Congratulations to all the incredible winners and nominees for their outstanding achievements and contributions to the tech industry. 🏆 #DeloitteFast50 #Innovation #TechAwards #FSI

The FSI Regulatory & EU Affairs Committee had the pleasure of welcoming Brian Corr and Anna Wallace from the Department of Finance Ireland for a comprehensive discussion on the progress of the Ireland for Finance strategy. The discussion provided valuable insights into the strategy's implementation to date, an update on the current status of the action plan, and a look at the next steps. Thank you also to all the members for their thoughtful contributions to this informative and engaging conversation. We look forward to continuing our engagement in the months ahead.

Ann Prendergast, Head of State Street Global Advisors EMEA, discusses the role Irish Government must play in enhancing Ireland’s standing as a hub for sustainable finance.   For four decades, State Street Global Advisors has served the world’s governments, institutions, and financial advisors. With a rigorous, risk-aware approach built on research, analysis, and market-tested experience, they build from a breadth of index and active strategies to create cost-effective solutions.   Read in full: https://lnkd.in/eKwwBBfF

Jennifer Kernan, Climate Capital Director, AIB explores the diverse skills needed to aid the financial services sector’s transition to a more sustainable future.  AIB is one of Ireland’s major retail banks serving personal, business and corporate customers. AIB recognises the responsibility that comes with the scale and impact of their business, which is why they approach everything they do through the lens of sustainability. Read in full: https://lnkd.in/ei7-is2H

FSI today hosted the FSI International Life Insurance CEO & INED Annual Roundtable, featuring Domhnall Cullinan (Director of Insurance Supervision), John Fitzgerald (Head of Function, Insurance Supervision), Tom Cleary (Manager, Cross-Border Function), and Barry Walsh (Team Manager, Cross-Border Life Function) from the Central Bank of Ireland. Key topics included an overview of the insurance and financial sectors, the evolving regulatory landscape, transforming regulation and supervision, the organisational structure to support the new CBI model, and key supervisory priorities for 2025. We extend our gratitude to the CBI, and also thank our Chair, David Healy (CEO, Monument Life Insurance DAC), and all participants for their valuable contributions to this insightful dialogue, which plays a crucial role in representing the interests and needs of our members. Elena Lillo

FSI today hosted the FSI International Life Insurance CEO & INED Annual Roundtable, featuring Domhnall Cullinan (Director of Insurance Supervision), John Fitzgerald (Head of Function, Insurance Supervision), Tom Cleary (Manager, Cross-Border Function), and Barry Walsh (Team Manager, Cross-Border Life Function) from the Central Bank of Ireland. Key topics included an overview of the insurance and financial sectors, the evolving regulatory landscape, transforming regulation and supervision, the organisational structure to support the new CBI model, and key supervisory priorities for 2025. We extend our gratitude to the CBI, and also thank our Chair, David Healy (CEO, Monument Life Insurance DAC), and all participants for their valuable contributions to this insightful dialogue, which plays a crucial role in representing the interests and needs of our members. Elena Lillo