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Financial Services

Dáil Éireann Debate, Tuesday - 10 February 2026

Tuesday, 10 February 2026

Ceisteanna (202)

Tony McCormack

Ceist:

202. Deputy Tony McCormack asked the Tánaiste and Minister for Finance for an update on the Ireland for Finance strategy; when the next version of the strategy will be launched; and if he will make a statement on the matter. [9547/26]

Amharc ar fhreagra

Freagraí scríofa

The Ireland for Finance strategy is a whole-of-Government strategy for the development of the international financial services sector in Ireland. The strategy was originally published in 2019, with the Update to Ireland for Finance being published in October 2022.

In 2025, the Ireland for Finance Progress Report for 2024 was published. This outlined the progress of the 13 actions set out in the Ireland for Finance Action Plan 2024. The report showed that out of the 13 actions, 11 actions were complete while one action remained ongoing, and one action delayed. Key measures delivered within this included the Central Bank of Ireland's first Innovation Sandbox Programme opening for applications, establishment of the International Financial Skills Implementation Group, and significant promotion and support for the international financial services sector from Ireland's enterprise agencies.

Additionally, last year, the Ireland for Finance Action Plan for 2025 was published. The action plan outlined 15 action measures under the 5 five themes, with progress delivered across all actions over the course of the year. A formal progress report on this activity will be produced in 2026.

In line with Programme for Government commitments, the Department of Finance is actively working on the new Ireland for Finance Strategy. I anticipate that this Strategy, following Government approval, will be published in H1 2026. Significant engagement and consultation has and will continue to take place to inform this work, including a public consultation concluded in September 2025, which received 57 written submissions, input from the standing quarterly Ireland for Finance Joint Committee forum, and a wide range of bilateral, national and international stakeholder engagements.

Question No. 203 answered with No. 199.
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