merrion street

Minister of State for Financial Services and Insurance Michael D’Arcy TD, today (Tuesday) launches the Government’s IFS2020 Action Plan for 2018.
Launched in 2015, the IFS2020 Strategy is a five-year Strategy for the development of Ireland’s international financial services (IFS) sector.
The Strategy has a clear vision for Ireland to be the recognised global location of choice for specialist international financial services. The Strategy has an ambitious target – to increase direct employment in the sector by 10,000 net new jobs.
Since 2015, almost 7,000 jobs have been created in the sector with an estimated 2,300 of those created in 2017. Now three years into a five year strategy, 70% of the employment target has been achieved across the combined IFS portfolios of IDA Ireland and Enterprise Ireland.

Commenting on the 2018 Action Plan, Minister D’Arcy stated:

“This year’s Action Plan identifies six priority areas for 2018 which will ensure that Ireland remains a highly-desirable location for international financial services.
I am pleased that among the six priority areas in 2018, there will be a particular focus on developing the financial services sector across the regions, and to looking to our future in sustainable finance.The dynamic and evolving nature of IFS2020 allows us to respond to emerging and future opportunities and challenges over the next twelve months and beyond.”

Minister D’Arcy officially launches the Government’s IFS2020 Action Plan 2018 at a reception in Iveagh House this evening. This is one of a number of engagements taking place in and around Wednesday’s third annual European Financial Forum in Dublin Castle.