EisnerAmper Ireland | Regulatory Authorisation Support | Financial Services Ireland

EisnerAmper Global

Regulatory Authorisation Support

We deliver specialist Regulatory Authorisation Application Support Services to ensure businesses can enter the Irish and European markets in an efficient and compliant manner.

Our Risk & Regulatory Group, led by former Central Bank of Ireland regulator, Dave Montgomery, provides pragmatic operational support to businesses pursuing regulatory authorisation.

By partnering with EisnerAmper Ireland, we guide and support you through your Central Bank of Ireland application process. This results in:

  • An approach flexed to meet your needs, from:
  • – “the guard-rail” approach (to keep you on track), through to
  • – “the heavy lifting” approach (drafting the full documentation suite);
  • Improved efficiency of the application process;
  • Reduced input from you; and
  • Reduced risk of delays.
Get specialist support request a callback now.

Our Regulatory Authorisation Application Support Services typically include:
  • Initial consultation and needs assessment;
  • Advice on the relevant regulations;
  • Workshops to ensure adequate substance and a robust programme of operations and business plan;
  • Project management through all stages of the application;
  • Input to and preparation of the authorisation application for submission; and
  • Set-up support – office space, banking arrangements, INEDs, PCFs, audit, internal audit, management accounting, payroll, tax, compliance and risk services.
Case studies

Below are some examples of how we have helped our clients:

Retail Intermediary
Retail Intermediary

A UK-based MGA (Lloyd’s Agent) required incorporation and authorisation support services. As part of an end-to-end solution we provided the following:

  • Authorisation support services including preparation of business plans and programme of operations;
  • Weekly conference calls with relevant stakeholders;
  • Establishment and incorporation of an Irish company;
  • A robust suite of policies and procedures;
  • Payroll, management accounting and tax services; and
  • Head of Compliance (PCF).

As a result of engaging EisnerAmper, our client delivered on their project on time and is now operating in Ireland and France seamlessly and compliantly.

MiFID Firm - Financial Securities
MiFID Firm - Financial Securities

A UK-based proprietary trader specialising in ETF strategies required incorporation and ongoing support services. EisnerAmper were engaged to provide:

  • Central Bank of Ireland authorisation support services including preparation of business plans and programme of operations;
  • Discussions and advice on setting up in Ireland; and
  • Preparation of a compliance monitoring plan.

As a result of the engagement, the UK-based proprietary trader now has a board approved strategy for operating in Europe.

Learn more about how we can assist you – talk to us today.
Useful links

Dave Montgomery

Risk & Regulatory Partner

Dave was formerly the Deputy Head of Risk in the Central Bank of Ireland.  During his 12 years with the Central Bank, Dave established inspection teams and methodologies to supervise insurance and reinsurance firms and worked in banking sector regulation developing and implementing the Central Bank of Ireland’s regulatory risk appetite and risk assessment framework (PRISMTM).

A partner within the Firm’s Risk & Regulatory division, Dave advises financial services providers on risk, regulatory and compliance-related matters.  Dave provides authorisation application support to companies and investors, outsourcing solutions to operationalise compliance and risk function requirements, Pre-Approval Controlled Function support services, supports clients throughout the regulatory engagement lifecycle and specialises in the design and implementation of risk and compliance frameworks.

6 The Courtyard Building
Carmanhall Road
Dublin, D18 CA22

Tel: +353 1 2933 459

Tom Brennan

Risk & Regulatory Partner

As a Partner in the firm’s Risk & Regulatory division, Tom advises financial services providers on risk, regulatory and compliance-related matters.  Tom specialises in providing Pre-Approval Function support services, governance frameworks to comply with and enhance regulation, new regulations including GDPR and outsourcing of compliance reporting.

Many of these services are provided in conjunction with the firm’s technology solutions provider FinReg Global that provides a range of products to assist companies to prove demonstrable compliance with regulations, including Solvency II and Directors Compliance Statements.  Tom also has experience in setting up and managing MiFID, UCITS and AIFMD regulated entities and assisting clients navigating Central Bank of Ireland regulations.

Tom’s clients include financial service entities (including funds, investment firms and insurance companies), internationally based corporates and private equity clients setting up, operating and/or investing in and through Ireland.

Tom was previously CFO and Director of Mercer Ireland, a global financial services company providing pension, insurance, fund management, HR, investment and management consulting services. As CFO, Tom managed finance teams of over 50 staff and was responsible for all aspects of treasury and finance including the preparation of management and statutory accounts, regulatory returns and setting policies and procedures. In this role, Tom was responsible for annual revenues of €150m.

6 The Courtyard Building
Carmanhall Road
Dublin, D18 CA22

Tel: +353 1 2934 209

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