Central Bank in hiring round to manage firms fleeing Brexit

Bank to fill 18 positions to examine Brexit impact

Central Bank update on tracker mortgage probe. Pic: RollingNews.ie

The Central Bank is hiring 18 new staff members to manage financial firms that move to Ireland in the wake of Brexit.

It is understood that the Central Bank will initially hire 18 regulatory staff to act as supervisors and authorise licence applications from insurance and other securities firms.

A further 10 staff will closely monitor Brexit’s impact on other Central Bank functions, bringing the total number of staff involved to 28.

The ...