NEWS: Ireland Fintech Action Plan (European Financial forum)

11th February 2021:

1) Remarks to attendees of the European Financial Forum in Ireland 

• Opening: Ireland's Taoiseach (Prime Minister) Micheál Martin welcomes attendees of the 2021 European Financial Forum https://youtu.be/9e5uwe_-CL0 (11m 3secs)
• Opening: IDA Ireland's CEO Martin Shanahan and Ireland's Minister of State for Financial Services, Credit Unions, and Insurance Seán Fleming TD https://youtu.be/A8TEzYixwvs (15min 57secs)
• Closing: Ireland's Minister for Finance Paschal Donohue (and President of the Eurogroup since July 2020) speech on 'Leading the Economic Recovery' https://youtu.be/qLumNgSlpgQ​ (10min 07secs)
• Closing: Ireland's Tánaiste (Deputy Prime Minister) Leo Varadkar, closes the 2021 European Financial Forum https://youtu.be/vkR60XtJ0WI (8min 53secs)

The above remarks cover international financial services, brexit, fintech, payments, banking, the proposed Digital Euro, regtech, blockchain, digital assets, diversity & inclusion, monetary union Ireland's talented workforce, low corporate tax rate and export and inward investment opportunities.  Did you know that the euro is the 2nd most used 'payments currency' globally?

2) Ireland's Minister of State for Financial Services, Credit Unions, and Insurance Seán Fleming TD launches the Ireland for Finance Action Plan for 2021. The Action Plan was announced during the Minister's speech at the European Financial Forum. Read more here

New actions, include:

• Establishing a Department of Finance Fintech Group
• Developing proposals for increased financial services collaboration in the Grand Canal Innovation District (GCID)
• Delivering a new Masters programme in fintech innovation
• Promoting careers for women in the Financial Services industry, as part of the ‘Career less Ordinary’ campaign
• Developing a portfolio of sustainable finance education programmes
• Working with the office within the Department of Finance tasked with encouraging greater competition in the Irish insurance market
• Promoting the Investment Limited Partnership vehicle