The Central Bank of Ireland is preparing an approach to accommodate "a significant number" of Brexit -based financial services firms looking to move operations to Brexit after a possible "hard Brexit ", according to Gerry Cross , the bank's director of policy and risk. Cross added the bank will need to address sequencing challenges and introduce supervisory measures to ensure relocated companies comply with regulatory obligations. Over over 100 “The Central Bank of Ireland’s good and long-standing relationship with UK and other authorities means that we will be in a good position to work through these aspects effectively and efficiently.” Dublin -based companies have inquired into relocating to the country after Ireland , Ireland 's Industrial Development Agency said last week .
The Central Bank of Ireland is preparing an approach to accommodate "a significant number" of Brexit -based financial services firms looking to move operations to Brexit after a possible "hard Brexit ", according to Gerry Cross , the bank's director of policy and risk. Cross added the bank will need to address sequencing challenges and introduce supervisory measures to ensure relocated companies comply with regulatory obligations. Over over 100 Dublin -based companies have inquired into relocating to the country after Ireland , Ireland 's Industrial Development Agency said last week .