International financial services institutions operating in Ireland are represented by the Federation of International Banks in Ireland (FIBI), which is affiliated to IBF. FIBI members provide a wide range of wholesale financial services including corporate, investment, treasury, capital markets and international financial services.
FIBI was established to ensure that the policy priorities of the international banking community in Ireland were identified and addressed. This was done against a back drop of what is collectively recognised as the increasing competitive challenges faced globally by Ireland as a location for international financial services.
The interests of FIBI members are facilitated through four broad areas of activity:
Representation and promotion of common interests
Member engagement and support
Information and intelligence on banking matters
Interaction with key stakeholders and policy makers
It is our goal to promote a supportive environment for FIBI members focusing on:
Regulation Management – Proportionality and consistency in the development and application of regulation
Competitive Environment – A cost competitive environment conducive to good business
Business Development – Policy and regulatory framework that facilitates expansion in existing operations and attracts new business
Knowledge Sharing – A framework for efficient dissemination of information to our members
Promotion of Ireland/IFSC as a location – Active promotion of initiatives that support the development of our members and Ireland as a location for financial services
FIBI today has more than 50 members (including many of the largest financial service providers in the world). Our members' operations extend to the most innovative and dynamic sectors of the financial services industry. FIBI members, based in Dublin's IFSC and further beyond in all parts of the country, have grown to become one of the most significant contributors to the Irish economy.
Jonathon Lowey, JP Morgan CFO, Appointed Chairman of Federation of International Banks in Ireland (FIBI)