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Business Consulting
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Business Risk Services
Our Business Risk Services team deliver practical and pragmatic solutions that support clients in growing and protecting the inherent value of their businesses.
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Deal Advisory
Our experienced Deal Advisory team has provided a range of transaction, valuation, deal advisory and restructuring services to clients for the past two decades.
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Digital Risk
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Digital Transformation
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Forensic Accounting
Our Forensic and Investigation Services team have targeted solutions to solve difficult challenges - making the difference between finding the truth or being left in the dark.
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Objectives and Key Results (OKRs)
Objectives and Key Results (OKRs) is a goal setting framework that helps teams, individuals and organisations set and track measurable goals.
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People and Change Consulting
Our People & Change Consulting team help clients adapt to the changing nature of the workforce - how they attract, retain, engage, develop, deploy and lead their people.
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Financial Accounting and Advisory Services (FAAS)
Our FAAS team designs and implements creative solutions for organisations expanding into new markets or undertaking functional financial transformations.
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Restructuring
Grant Thornton is Ireland’s leading provider of insolvency and corporate recovery solutions.

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Outsourced Payroll
Our outsourced payroll teams become your dedicated payroll department, aiming to process your payroll in the most cost effective and compliant manner.
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Outsourcing
Grant Thornton's reliable and cost-effective outsourcing services help you streamline your business operations by taking care of your workload.

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Actuarial
Our Actuarial team provides a comprehensive range of services to our insurance clients. From regulatory support for compliance to delivering specialist expertise in insurance & reinsurance.
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Data Analytics
Our team helps to unlock the potential of data analytics within your organisation, allowing you to be more innovative, efficient and customer-centric than ever before.
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Digital and Fintech
Our FinTech team are experts in technology and financial services and have a long track record of helping companies achieve sustained advantage.
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Digital Risk
Our Digital Risk team offer advisory and consulting solutions that give our clients peace of mind, clear value for money and an enhanced ability to react to cyber attacks.
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Financial Services Audit
Our Financial Services Audit team offers expertise and knowledge along with a horizontal approach to solving clients’ problems and queries.
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Financial Services Consulting
We work closely with clients to understand their strategy and benchmark their performance against the very best international standards.
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FS Business Risk Services
Our FS Business Risk team have real experience of the financial services sector, through working within regulatory bodies or holding leadership positions in Risk, Compliance and Internal Audit functions.
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Grant Thornton Pensioneer Trustees Limited
The Grant Thornton Pensioneer Trustee service can offer business owners, directors and employees the opportunity to manage their own retirement choices with full transparency.
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Pension Audit
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Prudential Risk
Our industry leading Prudential Risk team works with clients on a range of areas including regulatory reporting, regulatory authorisations, on-site investigations and data quality assurance.
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Quantitative Risk
Our Quantitative Risk team members bring a wide range of experience with many of them having backgrounds in banking, investment markets, regulation, professional practice, and academia.
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Sustainability desk
We recognise that businesses are operating at different levels of maturity when it comes to sustainability, and pride ourselves on working with our clients to develop bespoke solutions to their needs.
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Financial Accounting and Advisory Services (FAAS)
Our Financial Accounting and Advisory Services (FAAS) team designs and implements creative solutions for organisations expanding into new markets or undertaking functional financial transformations.

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Corporate Tax
Our Corporate Tax team is made up of more than 40 highly experienced senior partners and directors who work directly with a wide range of domestic and international clients; covering Corporation Tax, Company Secretarial, Employer Solutions, Global Mobility and Tax Incentives.
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Financial Services Tax
The Grant Thornton team is made up of experts who are fully up to date in terms of changing and evolving tax legislation. This is combined with industry expertise and an in-depth knowledge of the evolving financial services regulatory landscape.
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International Tax
We develop close relationships with clients in order to gain a deep understanding of their businesses to ensure they make the right operational decisions. The wrong decision on how a company sells into a new market or establishes a new subsidiary can have major tax implications.
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Private Client Services
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VAT
Grant Thornton’s team of indirect tax specialists helps a range of clients across a variety of sectors including pharmaceuticals, financial services, construction and property and food to navigate these complexities.

The financial crisis clearly illustrated that the failure of an important financial institution can cause critical problems for the rest of the financial system and can negatively impact growth across the wider economy. Since the introduction of new obligations for derivatives markets under the European Market Infrastructure Regulation ("EMIR") in 2012, alongside equivalent regulations in the US and Asia, central counterparties ("CCPs") have continued to grow in systemic importance and play an essential role in the global financial system, accentuating the G20's commitment to ensure there is more transparency and stability for the financial system.
Regulation 2021/23 sets out a framework for the recovery and resolution of central counterparties, with a clear goal of complementing EMIR, to ensure that CCPs in the EU can continue to perform critical operations and services as expected in a financial crisis. This regulation covers specific situations of distress for CCPs, setting out provisions comparable to those in the recovery and resolution rules for banks, by laying down rules and procedures for CCPs authorised in accordance with EMIR and also rules relating to arrangements with third countries in the field of recovery and resolution of CCPs.
Regulation 2021/23 entered into force on February 11, 2021, with the majority of its provisions applying from August 12, 2022.
Recovery Plan
CCPs shall draw up and maintain a recovery plan providing for measures to be taken in the case of both default and non-default events ,as well as combinations of both, in order to restore their financial soundness, without any extraordinary public financial support, and allow them to continue to provide critical functions even following a significant deterioration of their financial situation or a risk of breaching their capital and prudential requirements under EMIR.
With early intervention a critical supervision component, national authorities have powers to step in when a CCP faces financial difficulties, and can instruct a CCP to take actions in its recovery plan or other steps.
The figure below outlines the key components of a recovery plan for CCPs:
Resolution Plan
The resolution authority of a CCP shall, after consultation with the competent authority and in coordination with the resolution college, draw up a resolution plan for each individual CCP.
A failing CCP can be put into resolution by national authorities when it is in the public interest, which will see national authorities applying resolution tools as necessary in order to protect financial stability and the taxpayer.
CCPs shall cooperate as necessary in the drawing up of resolution plans and provide their resolution authority, either directly or through their competent authority, with all the information necessary to draw up and implement those plans.
The figure below outlines the key components that resolution authorities may request CCPs to provide for the purposes of drawing up and maintaining resolution plans:
How we can help
Grant Thornton’s Financial Services Risk, Consulting and Advisory team assists a diverse range of financial institutions in the interpretation and the completion of their recovery planning requirements. Our industry-leading Prudential Risk team has extensive knowledge of the legislation and guidance underpinning recovery planning and also has a proven track record of assisting institutions with reviewing and drafting their recovery plans.
We understand that regulation continues to drive the strategic agenda for financial institutions. They specialise in assisting clients across the financial services sector in navigating through the maze of regulation and support clients to identify regulatory obligations and work towards full compliance balanced with your business needs.