Politician(s) lobbied: Simon Harris (Minister), Department of Finance; Niall O’ Connor (Special Advisor), Department of Foreign Affairs; Clare Mungovan (Special Adviser), Department of the Taoiseach; Oliver Gilvarry (Assistant Secretary), Department of Finance
Intent: Introduce Revolut and the Irish Branch; highlight areas of shared interest, exchange views on how to ensure a competitive financial services ecosystem in Ireland, and express support for national objectives::Present findings from a Revolut/Bocconi University study on consumer attitudes to the Digital Euro
Methods: EmailMeetingConference Call
Details by Method
Email
Follow up to share Revolut's Consumer Security and Financial Crime Report FY25 and Juniper Research report on fraud
Meeting
Meeting with Minister for Finance to introduce Revolut and the Ireland Branch, highlight EU files of particular interest including PSR/PSD3 and FIDA, and national files of relevance including fraud prevention, Access to Cash legislation and Savings and Investment Scheme. Meeting served to reaffirm Revolut's commitment to Ireland
Conference Call
Workshop to the Department of Finance to present findings on a study by Bocconi University and Revolut to understand and assess attitudes of European consumers towards the Digital Euro
Politician(s) lobbied: Jack Chambers (Minister), Department of Public Expenditure, NDP Delivery and Reform; Paschal Donohoe (Minister), Department of Finance; Andrew Smith (Adviser to Minister of State), Department of Finance; Fiona O'Connor (Special Adviser), Department of Finance; Niall O’ Connor (Special Advisor), Department of Foreign Affairs
Intent: Recognition of the operational and cost burdens on alternative business models to provide widespread cash infrastructure and the need for calibrated thresholds to reflect this
Methods: LetterPhone callInformal communication
Details by Method
Letter
Letter to Minister of Finance highlighting concerns should thresholds be set too low for digital banks and the significant cost burdens, impact on operations, and impact competition and innovation
Phone call
call to highlight concerns should thresholds be set too low for digital banks and the impact on operations
Informal communication
to confirm timelines for Ministerial decision on thresholds and highlight concerns re impact of low thresholds
Politician(s) lobbied: Robert Troy (Minister of State), Department of Finance
Intent: Introduce Revolut and the Irish Branch, and highlight areas of shared interest and support national objectives
Methods: Meeting
Details by Method
Meeting
Hosted a meeting with Minister Troy at Revolut's Dublin office to share updates on Revolut's business in Ireland and EU. Highlighted Revolut's support of IFS consultation and Access to Cash Legislation
Politician(s) lobbied: Unknown
Intent: Unknown
Methods: Unknown
Details by Method
Method not specified
Unknown
Politician(s) lobbied: Unknown
Intent: Unknown
Methods: Unknown
Details by Method
Method not specified
Unknown
Politician(s) lobbied: Neale Richmond (Minister of State), Department of Finance; Fiona Campbell (Adviser to Minister of State), Department of Finance; Shane Smyth (Adviser to Minister), Department of Finance; Jack Chambers (Minister), Department of Finance; Michael J. McGrath (Assistant Secretary), Department of Finance
Intent: 1. Support for Revolut’s continued growth and expansion in Ireland and for key measures to support fintechs. ::2. Support the development of national policy with insights and trends from a business perspective regarding digital payments, product development, and international experience
Methods: Event / ReceptionEmailMeetingPhone callLetter
Details by Method
Event / Reception
Global Head of Government Affairs met with Minister of State at EI/IDA event in London and provided update on Ireland operations and product developments
Email
Introductory letter and meeting request to welcome MoS and Minister to his respective new role and follow up emails to confirm meeting and agenda
Meeting
Introductory meeting with Revolut Bank CEO to welcome Minister to his new role. Discussed National Payment Strategy specifically Open Banking and challenges in the system; the pending publication of the Funds Review; updated Minister on business operations in Ireland
Meeting
Introductory meeting with Revolut Bank CEO to welcome MoS to his new role. Provided overview of Revolut in Ireland and discussed Fraud/PSD3/ National Payments Strategy and the availability of retro data for product development
Phone call
Meeting request logistics and confirmation of agenda for MoS and Minister meetings
Letter
Welcome letter to Minister on appointment to new role and highlighting areas Revolut can support the development of Ireland's financial system
Politician(s) lobbied: Unknown
Intent: Unknown
Methods: Unknown
Details by Method
Method not specified
Unknown
Politician(s) lobbied: Michael J. McGrath (Assistant Secretary), Department of Finance
Intent: Support for Revolut’s continued growth and expansion in Ireland and for key measures to support fintechs, including heightened national/EU-level fraud responses (in particular, requiring telecoms and tech firms to stop at source the fake texts, calls and websites which enable fraud, and to be held liable for frauds enabled by fake texts, calls or websites); for more action to remove IBAN discrimination at EU level; and more action to accelerate Open Finance in the EU.
Methods: Meeting
Details by Method
Meeting
Meeting at EU conference, with discussion focused on support for Revolut’s continued growth and expansion in Ireland and for key measures to support fintechs, including heightened national/EU-level fraud responses (in particular, requiring telecoms and tech firms to stop at source the fake texts, calls and websites which enable fraud); for more action to remove IBAN discrimination at EU level; and more action to accelerate Open Finance in the EU.
Politician(s) lobbied: Unknown
Intent: Unknown
Methods: Unknown
Details by Method
Method not specified
Unknown
Politician(s) lobbied: Michael McGrath (Minister), Department of Finance; Jennifer Carroll MacNeill (Minister of State), Department of Finance; Stephen Foley (Special Adviser), Department of Enterprise, Trade and Employment; Kevin Barrett (Special Adviser), Department of Public Expenditure and Reform
Intent: Support for Revolut’s continued growth and expansion in Ireland and for key measures to support fintechs, including support for lowering the cost of credit for consumers and encouraging the widest possible access to credit institutions by ensuring alignment of credit check requirements with EU counterparts.
Methods: Meeting
