Michael D Arcy

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China struggles to understand why the UK would want to leave the EU, said Michael D’Arcy, Ireland’s minister of state at the department of finance, during a visit to China where he attended the Hong Kong Asian Financial Forum. Photograph: Anthony Kwan/Bloomberg

Brexit and the US-China trade spat are key issues for Chinese companies when talking about Ireland, and firms struggle to understand why Britain is ch(...)

Goodbody analyst Dermot O’Leary expressed surprise at how little sterling had moved in the past week.

Irish currency specialists believe the risk of a no-deal Brexit – the worst case scenario – has receded in recent months and that sterling is now more(...)

 Michael D’Arcy, the Minister of State with special responsibility for insurance. “I find the settlement channels incredibly diverse,” he says. Photograph: Dara Mac Dónaill

Some insurance companies are settling personal injury claims without medical reports to prove injuries actually occurred, the Minister of State with r(...)

Storm Emma in February and March cost the insurance industry €39 million. Photograph: Alan Betson

Extreme weather events during the year cost hundreds of millions of euro but, with climatologists warning of their increased frequency, the State will(...)

SBCI chief executive Nick Ashmore said its increased support for Finance Ireland would help drive competition in Irish SME lending. Photograph: Dave Meehan

The State-owned Strategic Banking Corporation of Ireland (SBCI) on Tuesday launched a new €75 million facility to support small and medium-sized ente(...)

Minister of State Michael D’Arcy. Photograph: Dara Mac Donaill/The Irish Times

The Government minister in charge of insurance policy has said he is “not afraid” to push for a referendum that would reduce personal injuries awards (...)

Attendees at the “Blockchain for Finance” conference in Dublin

The Republic’s attempt to build its credentials as a key player in blockchain has received a boost with news that an international body working to dev(...)

Minister of State for Financial Services  Michael D’Arcy: “We cannot simply assume future success, particularly in the wake of challenges such as Brexit and the regulatory and tax reforms in the US.” Photograph: Dara Mac Donaill

A Government consultation on the development of a new strategy for international financial services admits that it “cannot be complacent and assume fu(...)

Fine Gael TD Kate O’Connell with Taoiseach Leo Varadkar; John Higgins, president and chief commericial officer of Avolon; and Dómhnal Slattery, chief executive of Avolon, pictured at the opening. Photograph: Robbie Reynolds

Aircraft-leasing company Avolon has opened a new global headquarters in Ballsbridge, Dublin. The majority of the company’s 250 global workforce will (...)

Gardaí charged 42 people with 168 money-laundering offences in 2017.

Banks and other financial institutions reported more than 24,000 transactions involving suspected money laundering to the authorities last year, doubl(...)

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