More than 100 British financial companies intend to work in Ireland after Brexit

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The popularity of Ireland as a financial hub after the UK’s exit from the EU increased significantly. More than 100 British banks have applied to the Central Bank of Ireland for renewal of their license. After Brexit, they intend to transfer their business to this country. This was announced by the head of the Central Bank of Indonesia, Philip Lane. He noted that financial companies would provide services to Irish clients, as well as sell services to EU countries. The head of the Irish Central Bank says that the regulator intends to exercise thorough risk oversight to ensure financial stability.

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