International Finance Division

This Division is responsible for managing Ireland’s relationship with International Financial Institutions (IFIs) and for the Department’s role in Climate Change and Climate Finance.  The IFIs include: the IMF, World Bank Group, European Investment Bank (EIB) and other multilateral development banks such as the European Bank for Reconstruction and Development (EBRD), Asian Development Bank (ADB) and the Council of Europe Development Bank (CEDB). This Division is responsible for the Department’s Risk Management Framework in line with the governance structure. The division will, where appropriate, align and co-ordinate with National Risk Assessment structure, and other Government bodies in identifying, managing and monitoring the risk and compliance frameworks and ensuring that they are embedded in the Department. The Compliance Unit provides assurance to the Executive Board, and ultimately to the Secretary General, that the Department is operating within the legal and regulatory framework laid down within Irish and EU law as applies to the Department and bodies under its aegis. This division is responsible for contributing to the IFS strategy and its follow through in the Department and supporting the Minister for Financial Services.