Ireland is a keen contester to locate the European Banking Authority (EBA) headquarters following Brexit. At present EBA is headquartered in London. Ireland’s finance minister Michael Noonan said Dublin is ready to be an alternative location for EBA, which oversees banks across the EU. He said Ireland has a significant financial services sector, efficient transport links to other European capitals and the capacity to absorb the EBA’s re-location. EBA has some 160 banking experts located at its Canary Wharf headquartered in London. The regulator moved into its new building in 2014 and its lease runs until 2020. Meanwhile, Brussels, Amsterdam, Frankfurt, Milan and Paris are all regarded as possible new homes for the regulator.
