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The purpose of this briefing is to summarise the licensing process for (i) credit institutions (banks); (ii) MiFID investment firms; (iii) AIFMs1 ; (iv) (re)insurance undertakings; and (v) payment institutions in Ireland, together with some of the key issues for licence applicants.

On the 14th October, 2014, the Irish Funds Industry Association and the Asset Management Association of China signed a Memorandum of Understanding in Beijing.