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Northern Trust receives approval for Ireland Branch
15 June 2026 Ireland
Image: Emile/adobe.stock.com
Northern Trust has received a licence from the Central Bank of Ireland for the establishment of an Ireland Branch.
This new banking branch will provide a range of custodial, banking, and capital markets services, including domestically regulated banking services for Ireland-domiciled clients.
The firm says establishing the branch is part of Northern Trust’s broader European expansion strategy and underlines its commitment to service clients domestically.
Northern Trust’s EU banking institutions will enable European Union (EU)-domiciled clients to be serviced in the region, in line with regulatory framework requirements including the EU’s Sixth Capital Requirements Directive (CRD VI) and the Third Capital Requirements Regulations (CRR III).
Meliosa O'Caoimh, country head of Ireland, Northern Trust, says: "The approval of Ireland Branch underscores our commitment to Ireland as a strategic location for Northern Trust.
She continues: “Ireland Branch will mark the next chapter in 25 years of our presence in Ireland and as an institution compliant with CRD VI and other EU requirements will provide clients with efficiency and flexibility in today’s complex and evolving regulatory landscape."
Clive Bellows, co-president of Asset Servicing and president for Europe, the Middle East and Africa (EMEA) adds: "This development of capabilities shows our commitment to our European client franchise and strategic focus on the region – helping position us for continued momentum and growth here."
This new banking branch will provide a range of custodial, banking, and capital markets services, including domestically regulated banking services for Ireland-domiciled clients.
The firm says establishing the branch is part of Northern Trust’s broader European expansion strategy and underlines its commitment to service clients domestically.
Northern Trust’s EU banking institutions will enable European Union (EU)-domiciled clients to be serviced in the region, in line with regulatory framework requirements including the EU’s Sixth Capital Requirements Directive (CRD VI) and the Third Capital Requirements Regulations (CRR III).
Meliosa O'Caoimh, country head of Ireland, Northern Trust, says: "The approval of Ireland Branch underscores our commitment to Ireland as a strategic location for Northern Trust.
She continues: “Ireland Branch will mark the next chapter in 25 years of our presence in Ireland and as an institution compliant with CRD VI and other EU requirements will provide clients with efficiency and flexibility in today’s complex and evolving regulatory landscape."
Clive Bellows, co-president of Asset Servicing and president for Europe, the Middle East and Africa (EMEA) adds: "This development of capabilities shows our commitment to our European client franchise and strategic focus on the region – helping position us for continued momentum and growth here."
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