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22 September 2017 / Tina Shah
Issue: 6672 / Categories: Features , Risk management , Brexit , Profession
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Brexit: banking on Ireland

Will Brexit bring new growth to the Irish legal sector , asks Tina Shah

After the surprising result of the EU referendum, one of the most commonly heard conversations among distraught remain voters was their eligibility for citizenship of other countries. Passport application websites were overwhelmed by traffic from would be citizens seeking a way to retain links with the EU and one of the most popular outcomes was a surge in applications for Irish passports from British citizens.

In the three months following the referendum, there was an 83% increase in the number of UK and Northern Irish citizens applying for Irish passports.

But it’s not just individual citizens who are looking to Ireland for post-Brexit security; an entire business ecosystem could cross the Irish Sea.

Banking on Ireland?

In the lead up to the referendum and ever since the vote to leave was cast, passports of a different nature were making headlines. This time it was the banking industry, with many leaders sharing their concerns that an exit

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MOVERS & SHAKERS

Harneys—Maggie Kwok & George Weston

Harneys—Maggie Kwok & George Weston

Harneys senior leadership appointments

Freeths—Keith Browne & Jim Jordan

Freeths—Keith Browne & Jim Jordan

Freeths strengthens London Construction and Engineering practice with two strategic senior hires

Anthony Collins—Laura Moss

Anthony Collins—Laura Moss

Anthony Collins announces strategic hire to deepen skills base in the social business sector

NEWS
More than 100 teams from the legal and financial services sectors competed in five sports at the 51st Law Society RFC Festival of Sport earlier this month
Part-time status need only be an effective cause of less favourable treatment, rather than the sole cause, the Supreme Court has held in Augustine v Data Cars
Britain’s new acknowledgement that Israel’s occupation is unlawful, and accompanying settlement-goods ban and sanctions, is significant but overdue, argue Danny Friedman KC and Victor Kattan in NLJ this week
New planning fee rises, wider trade union access rights and a service-by-email trap feature in Stephen Gold’s latest Civil Way
Existing defamation law can respond to AI ‘hallucinations’, but allocating responsibility will prove harder where outputs reach users without human intervention
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