British Irish Chamber of Commerce Digest 25/07/2017

British Irish Chamber of Commerce Digest 25/07/2017

The British Irish Chamber of Commerce Weekly Digest keeps you up to date on the most recent activities of the Chamber, recent news from our members and notable media coverage.




Brexit Business on Newstalk
25 July

Our UK Director Paul Slevin will be joining Vincent Wall every fortnight on Newstalk's Breakfast Business programme to discuss British-Irish business and trade.

Today's discussion focussed on EU Citizen Rights post Brexit and the London Property Market. You can catch-up with the discussion here (Breakfast Business, part 1, approximately 18 minutes into the programme).



British Irish Chamber of Commerce Hosts Meeting with Minister for Foreign Affairs and Trade to Discuss Opportunities for UK-Ireland Trade
20 July

The British Irish Chamber of Commerce held its first meeting with Minister for Foreign Affairs and Trade, Simon Coveney TD in London.

A broad range of issues were discussed at the meeting including Brexit and opportunities to further grow and develop trade and business links between the UK and Ireland.

Read more on the meeting here.



Meeting with Minister of State at the Department of Finance Mr Michael D'Arcy TD
18 July
 
Representatives from the British Irish Chamber of Commerce met with Minister of State Michael D'Arcy at the Department of Finance on 18 July.

The meeting was to introduce the Chamber to the new Minister and to air mutual views on key issues in his brief. Topics discussed at the meeting included Central Bank regulation; regionalisation; the Scotland/Ireland corridor; infrastructure; inward investment; and IFS 2020 Strategy.



Central Bank of Ireland announces two Senior Leadership Appointments
21 July

Following the announcement earlier this year of a restructuring of financial regulation, the Central Bank has appointed Mr Ed Sibley as Deputy Governor, Prudential Regulation and Ms Derville Rowland as Director General, Financial Conduct.

Mr Sibley will be responsible for the supervision of credit institutions, insurance firms and the asset management industry, while Ms Rowland will be responsible for consumer protection, securities and markets supervision, and enforcement.

The Central Bank is also hiring an additional 36 staff to deal with the increase in Brexit related authorisation/supervisory activity.  The additional staff will work across the Financial Regulation and Central Banking functions.



Bank of England unveils new £10 Note
18 July

The Bank of England have unveiled the new £10 note.  The polymer notes, which feature the world-renowned author Jane Austen, will use enhanced security features to make them harder to counterfeit.  The new notes will also feature two clusters of raised dots which will help blind and partially sighted people identify the value of the note.  

The new notes are due to go into circulation on 14 September this year, with the old £10 notes going out of circulation in the Spring of 2018,  To learn more about the design of the new note click here.



The Higher Education and Research Committee – Seeking New Members
 
The Higher Education and Research Committee is seeking new members from the business sector to supplement its membership.
 
This Committee, Chaired by Daire Keogh of DCU, sets out to:

- Be the go-to Committee on the potential impact of Brexit on the British, Irish and Northern Irish Higher Education and Research sectors.
- Build on the recent statement on Brexit priorities by Government to define a clear national strategy for Ireland in EU Education and Research and UK-IRL Education and Research links.
- Outline the implications of Brexit for cross-border and UK & Ireland research collaborations.
- Develop a common approach to leverage the opportunities and challenges of Brexit to increase Government funding in Higher Education and Research.
- Identify key areas where the UK and Irish Higher Education and Research sectors can collaborate for their mutual benefit.
- Provide a common message on higher education funding and Innovation 2020 implementation.

As a Council member of the British Irish Chamber of Commerce you are entitled to a nominee on this Committee. If you are interested in nominating a colleague to this committee, please contact the Head of Sectoral Policy, Paul Lynam at This email address is being protected from spambots. You need JavaScript enabled to view it.



Upcoming Chamber Committee Meetings

The Energy Committee and the Culture, Arts, Sports & Tourism Committee will hold meetings in early August.

If you are a member of the Chamber and wish to be involved in any Chamber Committee, please contact our Head of Sectoral Policy Paul Lynam at This email address is being protected from spambots. You need JavaScript enabled to view it.



The Chamber's Week in Review

Some of last week's highlights for the British Irish Chamber of Commerce team.

- Tuesday 18 July - the Director General of the Chamber Mr John McGrane met with Mr Michael D'Arcy, Minister of State at the Department of Finance and the Department of Public Expenditure and Reform with special responsibility for Financial Services and Insurance.
- Thursday 20 July - Meeting with Minister for Foreign Affairs and Trade Mr Simon Coveney TD.

 

Comments

No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Guest
Friday, 16 November 2018
If you'd like to register, please fill in the username, password and name fields.

Member Login

Business Insights & Tips

Leaderboard

1
Michael Lane
786 Points
2
Jill Holtz
784 Points
3
Ron Immink
732 Points
4
Fionan Murray
696 Points
5
ContentLive
276 Points
View Leaderboard