The purpose of this Paper is to outline the Government's strategy for the future development of the international financial services industry in Ireland, building on the success of the International Financial Services Centre (IFSC).
Summary of progress in achieving the Priority Objectives; key issues going forward; details of progress under each of the 19 Priorities.
Developing Ireland's Potential - Proposals for Action
This report, produced by the Task Force on Asset Management, represents a considered response to an earlier report, Opportunities for a Broader-based Institutional Asset Management Business in Ireland, drafted by members of the IFSC Funds Working Group.
The Government believes that the time is opportune to re-affirm its commitment to the industry, to build on the work undertaken since 1999 and to implement an agreed work programme to ensure that we proactively pursue appropriate actions for the further development of the industry. My Department and the IFSC Clearing House Group, still maintains the central role it has occupied since the beginning of the IFSC in 1987 and it is intended that it should play an active part in overseeing the implementation of this report.