Full coverage: financial services

A new report by EY states that Ireland’s financial services industry could grow by 26 per cent by 2028 if the key competitive advantages and opportunities are harnessed. Colin Ryan, Financial Services Managing Partner, EY Ireland, outlines the main findings and recommendations in the report.

The US financial services firm has taken the first step in getting regulatory approval for a digital assets division that will be run out of Dublin. It has an EU-wide expansion in mind.

Norway’s Verdane bought a majority stake in the Irish regtech company earlier this year. Chief executive John Byrne tells The Currency what the company’s priorities are now.

The new auto-enrolment scheme for private pensions is expected to commence next year and now is the time for companies to get their ducks in a row.

The payments company had set up shop in Dublin and sought an e-money licence from the Central Bank but has pulled the plug on that strategy.

A man successfully appealed a decision by the regulator to stop him from joining a fund after a tribunal found the vetting process breached “fundamental legal and constitutional principles”.

Globally, billions in loans are tied up with industries that are wedded to a natural world now on life support. In an Irish first, KPMG examines the exposure of the domestic financial sector.

The Australian payments firm has also confirmed that it is engaged with several buyers in relation to Sentenial, the Kildare fintech it acquired in June 2021 in a deal worth up to €110 million.

Rockwell, which manages €250 million on behalf of about 6,500 clients, teamed up with The Currency for a survey of 450 SME owners. Founder Robert Whelan talks through the findings of the survey and tells his own business story.

Building an AI that can decode the markets is still a challenge. But when it comes – and it will – many professional investors will be sidelined.