British and Irish politicians, regulators and business leaders discussed the prospects for Ireland as a financial services hub after Brexit at a seminar in London this morning.

Financial Services Minister Michael D’Arcy was among those addressing the #Agenda2018 Financial and Professional Services Seminar, sponsored by KPMG and Ulster Bank.

It also heard from John Cronin, vice-president of the British Irish Chamber of Commerce (BICC) and partner at McCann FitzGerald.

Mr Cronin is head of the firm’s Brexit group and charged with leading the firm’s global relationships with international law firms, and has many years’ experience in banking and corporate matters.

The seminar was organised by the BICC.

Mr D’Arcy said: “Although there are many challenges arising from the UK’s decision to leave the EU, Ireland can provide a solution for those companies that require access to the single market.

“To ensure we continue to grow our financial services sector, the Government developed the IFS2020 Strategy in 2015, which has a clear vision for Ireland to be the recognised global location of choice for specialist international financial services.

“The Strategy has an ambitious target to increase direct employment in the sector by 10,000 net new jobs. Our 2018 priorities include Investment Limited Partnership Legislation, Green and Sustainable Finance, Regional Measures, Skills and Development, Aviation Finance and Financial Market Infrastructure. Today’s event marks an important occasion to take stock of our efforts.”