International Finance

The International Finance is responsible for supporting the Minister and the Minister for State in relation to International Financial Services (IFS).

It is specifically responsible for the development and implementation of the International Financial Services Strategy 2020 (IFS2020). The IFS2020 Strategy is led by the Minister for State in his role over Financial Services.

This approach seeks to develop the international financial services sector in Ireland to make it the global location of choice for these specialist activities.

The Division manages Ireland’s relationship with nine International Financial Institutions (IFIs).

• the IMF
• World Bank Group
• European Investment Bank (EIB)

and other multilateral development banks/ institutions such as:

• the European Bank for Reconstruction and Development (EBRD)
• Asian Development Bank (ADB)
• Council of Europe Development Bank (CEDB)
• Asian Infrastructure Investment Bank (AIIB)
• Paris Club (PC)
• the Green Climate Fund (GCF).

This International Finance is also responsible for the Department's Risk Management and Compliance functions and the Anti-Money Laundering and Counter Terrorist Financing.

Anti-Money Laundering and Countering the Financing of Terrorism

The Compliance Unit provides assurance to the Executive Board, and ultimately to the Secretary General, that the Department is operating within the legal and regulatory framework laid down within Irish and EU law as applies to the Department and bodies under its aegis.

This division is responsible for contributing to the IFS2020 Strategy and its follow through in the Department and supporting the Minister for Financial Services.