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Dublin matures as a financial centre.
(From Insurance Day)
Byline: Symon Ross
ONE of Dublin's most famous exports, Guinness, is a drink you have to give some time to settle in order to get the best from a good pint.
The best things take time, and like Guinness the financial centre of Dublin has taken its time to settle and gain the same level of respect that more established financial centres like London have attained through history.
But now, with a dedicated regulator in place and an established insurance industry that encompasses the full range of traditional and alternative business, it appears the market has begun to mature.
First conceived in the late 1980s, the International Financial Services Centre (IFSC) in Dublin is the heart of the insurance and banking industries in the Irish capital.
The Irish government made a strong commitment in 1987 to making Ireland an attractive and competitive location for a wide range of international financial services activities and institutions.
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