FinTech and Payments Association of Ireland

Lobbying Organisation FinTech and Payments Association of Ireland

Date published 19 Jan, 2017

Relevant Matter Public policy or programme

Public Policy Area Banking and Financial Institutions

Period 1 Sep, 2016 to 31 Dec, 2016

Specific Details FPAI presentation in regards to Brexit/PSD2 risks for FinTech Payments Companies authorised in UK looking to Ireland as possible alternative jurisdiction and establish PI/EMI entity in advance of the PSD2 implementation timelines which are in advance of Brexit timeline.

Intended results Understanding of FintTech unique risks created by Brexit and timeline pressure due to EU PSD2 implemnetation to comapanies which have operations in Ireland and regulated within the UK and other jurisdictions. Objective to work on communication to international FinTech entities interested in Ireland, hold FinTech event within European Financial Forum Jan 24, 2017, FinTech specific event in London Feb 1, 2017, and specialised FinTech Licensing Workshop

Name of person primarily responsible for lobbying on this activity Richard Walsh, CEO of FPAI and Mark Bonham, Chair of RIG FPAI

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.

Event / Reception (1)

Presentation provided detailing the Risk, Concerns and Proposals for Government Agencies to consider in partnering with FPAI members to provide surety on Authorisation process in Ireland and communication program to international companies on readiness in Ireland for supporting Brexit/PSD2 timeline of activities.

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.

Paul Ryan Director (Department of Finance)

John Paul Phelan TD (Dáil Éireann, the Oireachtas)