Authorisation Process for IIA Non Retail Firms  

All applicants seeking to provide services under the IIA are requested to contact the Central Bank of Ireland in advance of making a formal application for authorisation/approval as it is normal practice for the Central Bank to meet with new applicants to discuss their proposed business.  This serves a dual purpose of enabling the Central Bank to familiarise itself with the background and business credentials of the applicant and identifying, at a critical early stage, any potential issues with the proposed business.  

Applicants seeking authorisation under the IIA should submit the following material:

  • A completed application form 
  • Completed individual questionnaires (“IQ”) in respect of each director and senior manager, where relevant
  • A detailed business plan which takes account of the requirements of the Guidance Notes on Submitting an Application for IIA firms. 

Application for Authorisation under the IIA 
Guidance Note on Application for Authorisation under the IIA

A completed Individual Questionnaire ('IQ') must be submitted in respect of each director and senior manager.  Please note that the Central Bank of Ireland's new Fitness and Probity regime will come into effect on 1 December 2011.  For further information on the current process and the new process to come into effect on 1 December 2011, please click on the following link.