SPVs are used for circumvention of global sanctions, tax avoidance, and money laundering. Research in 2017–2018 by Trinity College Dublin finance Professor Jim Stewart, and Cillian Doyle, showed many IFSC SPVs are unregulated brass plate structures attracting little oversight by the Revenue Commissioners or Central Bank of Ireland, and with local individuals holding hundreds of SPV directorships. The International Monetary Fund ("IMF") has noted the same concern regarding governance of IFSC SPVs (and FCVs). In 2018, a former Deputy Governor of the Central Bank of Ireland stated that the risks from abuses of IFSC SPVs was not fully appreciated by the Irish Government. Notable IFSC corporate offices Fund Administration and Custodial Services State Street Corporation The Bank of New York Mellon Citibank Northern Trust Bank of America JPMorgan US Bancorp Banking & Insurance HSBC AIG BNP Paribas Wells Fargo Investment Banking Davy Group Goodbody Stockbrokers Cantor Fitzgerald Aviation and Aircraft Leasing AerCap Avolon GECAS SMBC Aviation Capital Irelandia Investments - (developer of low cost carriers including Ryanair, Tiger Airways and VivaColombia Trading Citadel LLC Susquehanna International Group Credit Suisse Investment Technology Group (Acquired by Virtu Financial) Ion Trading Group (Fidessa, Dealogic and Acuris) Corvil (acquired by Pico) Geneva Trading Fintech and Regtech First Derivatives Fenergo TransferMate - part of the Taxback Group FEXCO incorporating a majority shareholding in Goodbody Stockbrokers CurrencyFair Stripe Managed Futures Abbey Capital Family Offices Elkstone Capital - various HNWI Island Capital - Denis O'Brien family office International Investment & Underwriting (IIU) - Dermot Desmond family office Private Credit Guggenheim Partners Blackstone (GSO Capital Partners) - acquired Harbourmaster Capital Partners GoldenTree Asset Management Atlantic Capital Management Bain Capital Private Equity KKR (formerly Avoca Capital) Renatus Carlyle Cardinal Ireland (CCI) Causeway Capital Lioncourt Venture Capital Draper Espirit PLC Supermancos - in order of AUM(€bn) Carne Global Fund Managers Northern Trust Fund Services Goodbody Stockbrokers Fund Management Link Fund Manager Solutions Davy Group Investment Fund Services DMS Investment Management Services KBA Consulting MPMF Fund Management (part of the Maples Group) See also List of companies listed on Euronext Dublin Offshore financial centre Dublin Docklands Notes References External links (Mainly Directory Site) Dublin Docklands North Wall, Dublin Financial districts Economy of the Republic of Ireland Economy of Dublin (city) Corporate tax avoidance Offshore finance Special economic zones 1987 establishments in Ireland