Revolut Ltd (Revolut Ltd)

Lobbying Organisation Revolut Ltd

Date published 20 Sep, 2024

Relevant Matter Public policy or programme

Public Policy Area Finance

Period 1 May, 2024 to 31 Aug, 2024

Specific Details Supporting Ireland's financial services ecosystem: Briefing on Revolut's growth in Ireland

Intended results 1. Support for Revolut’s continued growth and expansion in Ireland and for key measures to support fintechs. 2. Support the development of national policy with insights and trends from a business perspective regarding digital payments, product development, and international experience

Name of person primarily responsible for lobbying on this activity Ciara O'Sullivan

Did any Designated Public Official(DPO) or former Designated Public Official(DPO) carry out lobbying activities on your behalf in relation to this return? You must include yourself, and answer Yes, if you are a current DPO or a DPO at any time in the past. (What is a Designated Public Official?) No

Did you manage or direct a grassroots campaign? No

Was this lobbying done on behalf of a client? No

Lobbying activity

The following activities occurred for this specific Subject Matter Area.

Meeting (1)

Introductory meeting with Revolut Bank CEO to welcome MoS to his new role. Provided overview of Revolut in Ireland and discussed Fraud/PSD3/ National Payments Strategy and the availability of retro data for product development

Email (2-5)

Introductory letter and meeting request to welcome MoS and Minister to his respective new role and follow up emails to confirm meeting and agenda

Meeting (1)

Introductory meeting with Revolut Bank CEO to welcome Minister to his new role. Discussed National Payment Strategy specifically Open Banking and challenges in the system; the pending publication of the Funds Review; updated Minister on business operations in Ireland

Letter (1)

Welcome letter to Minister on appointment to new role and highlighting areas Revolut can support the development of Ireland's financial system

Phone call (2-5)

Meeting request logistics and confirmation of agenda for MoS and Minister meetings

Event / Reception (1)

Global Head of Government Affairs met with Minister of State at EI/IDA event in London and provided update on Ireland operations and product developments

Designated public officials lobbied

The following DPOs were lobbied during this return period on this specific Subject Matter Area. These DPOs were involved in at least one of the Lobbying Activities listed above, but not necessarily all of them. As returns are specific to a Subject Matter Area the above Lobbying Activities may be associated with multiple returns.

Neale Richmond Minister of State (Department of Finance)

Fiona Campbell Adviser to Minister of State (Department of Finance)

Shane Smyth Adviser to Minister (Department of Finance)

Jack Chambers Minister (Department of Finance)

Michael J. McGrath Assistant Secretary (Department of Finance)