Politician(s) lobbied: Robert Troy (Minister of State), Department of Finance; Conor Glynn (Special Advisor to the Tanaiste), Department of the Taoiseach; Andrew Smith (Adviser to Minister of State), Department of Finance; Clare Mungovan (Special Adviser), Department of the Taoiseach; Micheál Martin (Taoiseach), Dáil Éireann, the Oireachtas; Simon Harris (An Taoiseach), Department of the Taoiseach; Dara Calleary (Minister), Department of Social Protection; Peter Burke (Minister), Department of Enterprise, Trade and Employment; Regina Doherty (MEP), European Parliament; Vasileios Madouros (Deputy Governor), Central Bank of Ireland; Michael McGrath (Minister), Department of Finance
Intent: (i) Deepening and modernisation of European capital markets, suggesting possible approaches to a more harmonised and integrated model in Europe as set out here: A roadmap to growing European capital markets and here: Pressure Valves: Relieving liquidity stress in capital markets (ii) Domestic engagements on the design of the forthcoming Personal Investment Account. (iii) Distribution of BlackRock Chairman Larry Fink’s annual letter to investors.
Methods: Meeting
Details by Method
Method not specified
Engagements on capital markets developments (with a particular focus on retail investment in the domestic context and the future of financial markets (incl. tokenisation) in an international context). Engagements on the EU Savings and Investments Union initiatives including the Blueprint for a Savings and Investment Account
Method not specified
Market Integration and Supervision Package (MISP)
Method not specified
Pan-European Personal Pension Product Review (PEPP 2.0) and Retail Investment Strategy (RIS).
Politician(s) lobbied: Gerry Cross (Director), Central Bank of Ireland
Intent: That MMFs would be confirmed eligible for the above purpose(s)
Methods: EmailMeeting
Details by Method
Method not specified
Seeking clarification about the eligibility of Money Market Funds (“MMFs”) for holding safeguarding assets and/or client money
Politician(s) lobbied: Andrew Smith (Adviser to Minister of State), Department of Finance; Robert Troy (Minister of State), Department of Finance; John Shaw (Assistant Secretary), Department of the Taoiseach; Regina Doherty (MEP), European Parliament; Vasileios Madouros (Deputy Governor), Central Bank of Ireland; Michael McGrath (Minister), Department of Finance
Intent: Broad discussion on deepening and modernising European capital markets, and possible approaches to a more harmonised and integrated model in Europe as set out in our recent ViewPoint: A roadmap to growing European capital markets.
Methods: EmailMeeting
Details by Method
Method not specified
Meetings on capital markets developments and the European Commission’s Savings and Investments Union Strategy
Politician(s) lobbied: Paschal Donohoe (Minister), Department of Finance
Intent: Highlighting the importance of completing the Savings and Investments Union in Europe.
Methods: Meeting
Details by Method
Method not specified
General discussion on macroeconomic developments and capital trends in the context of US trade policy dynamics.
Politician(s) lobbied: Michael J. McGrath (Assistant Secretary), Department of Finance
Intent: To understand latest timelines and design of the auto-enrolment framework, advocate for the benefits of investments savings accounts, and understand how DFIN is prioritising the implementation of the various recommendations from the Funds Review 2030
Methods: Meeting
Details by Method
Method not specified
National developments on retail investment and pensions
Politician(s) lobbied: Regina Doherty (MEP), European Parliament
Intent: Advocate for initiatives that could increase retail investor participation in capital markets in Ireland, which is disproportionately low relative to other Member States.
Methods: Meeting
Details by Method
Method not specified
An introductory meeting to BlackRock’s operations in Ireland and discussion in relation to the Funds Review 2030.
Politician(s) lobbied: Gerry Cross (Director), Central Bank of Ireland
Intent: Relationship building
Methods: Meeting
Details by Method
Method not specified
On 24 February 2025
Method not specified
BlackRock met with Gerry Cross with a view to building the relationship given the recent restructuring at the Central Bank and his new role as Director of the new Capital Markets and Funds Directorate. BlackRock responded to questions in relation to the Draghi Report and EU Financial Services regulation
Method not specified
the potential for a single supervisor in the EU
Method not specified
delegation and CP86. Mr. Cross also spoke briefly to changes to the Central Bank’s supervisory approach
Politician(s) lobbied: Mary Elizabeth McMunn (Deputy Governor), Central Bank of Ireland; Gerry Cross (Director), Central Bank of Ireland
Intent: Broad discussion on deepening European capital markets and possible approaches to a more harmonised and integrated supervisory model in Europe.
Methods: Meeting
Details by Method
Method not specified
Meetings at Eurofi on capital markets and the European Commission’s Savings and Investments Union Strategy.
Politician(s) lobbied: Micheál Martin (Taoiseach), Dáil Éireann, the Oireachtas; Paschal Donohoe (Minister), Department of Finance; Michael J. McGrath (Assistant Secretary), Department of Finance; John Shaw (Assistant Secretary), Department of the Taoiseach
Intent: General discussion on macroeconomic impact of current geopolitical environment and the power of capital markets to generate wealth for European citizens and funding for European companies in the context of the EU’s competitiveness agenda during BlackRock CEO Larry Fink’s trip to Dublin as keynote speaker for the NTMA Conference.
Methods: Meeting
Details by Method
Method not specified
EU Savings and Investment Union Strategy
Politician(s) lobbied: Michael J. McGrath (Assistant Secretary), Department of Finance
Intent: To answer any questions Mr McGrath had about joining the IFAMSG
Methods: Meeting
Details by Method
Method not specified
Discussion on Mr Michael J McGrath joining the Irish Funds and Asset and Management Steering Group (“IFAMSG”) (formerly known as the IFSC Funds Group). As the Minister for Finance was meeting with Mr Larry Fink
Method not specified
CEO and Chairman of BlackRock Inc.
Method not specified
that visit also came up briefly.
