Central Bank signals willingness to consider opening of non-EU headquartered bank branches in Ireland, in significant shift signalled in interview with Finance Dublin |
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November 19th: The Financial Regulator, Matthew Elderfield, has said that the Central Bank would consider on a case-by-case basis the establishment of branch banks in Ireland of non EU-headquartered banks. Up to now, the position has been that such entities would have had to be established as fully capitalised subsidiaries. |
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