Our work has focused on ensuring that: (i) the risks to the Irish economy and consumers are understood; (ii) regulated firms prepare appropriately for all scenarios, in order to protect consumers; (iii) where necessary, the required policy and legal adjustments are prepared to counteract the cliff-edge risks of a hard Brexit to the delivery of vital financial services; and (iv) we perform our gatekeeper role in a robust and efficient manner for new firms seeking authorisation or existing firms revising business plans.
We have taken a transparent approach to this work: we publish the work of our Brexit Task Force, release answers to frequently asked questions, hold stakeholder roundtables, and have published a series of analytical reports and speeches. This research and analysis both informs our own work and seeks to assist other policy makers and stakeholders.