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Saturday, 27th April 2024 |
| 00.05 hrs Friday June 24th 2016: BREXIT - the unthinkable has happened - the implications for Ireland's finance, and Financial Services Industry |
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A Finance Dublin Survey on the effects of a 'Brexit' on the Irish IFS industry shows that 58 p.c. say it would be ‘bad’ for Ireland's international financial services industry although there are seen to be some potential compensating factors. On compensating factors, 53 p.c. say that compensating factors may offset the damage caused, against 47 p.c. saying that the net effect definitely would be negative. Fintech is one area where Ireland could gain from 'Brexit', as London could lose its pre-eminent status as one of the global fintech hubs as a result.
On the implications for Ireland's tax and FDI, see this Plan B to steady the ship on the corporate tax front after 'Brexit', from the latest Irish Tax Monitor. And, see this assessment of Financial Services Ireland Director Marc Coleman on the implications of Brexit for Ireland's IFS industry.
These articles are contained in the latest issue of Finance Dublin circulated ahead of the June 23rd UK referendum.
See this on the economic impact on Brexit on Ireland and the UK. |
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