Complex EU and Irish regulations putting strain on Ireland's financial firms, data shows
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The Compliance Institute Survey 2025, published by Irish regulatory and business ethics body Compliance Institute, reveals that almost 80% of firms in the Irish financial sector crave clearer compliance guidelines from regulators.
Compliance rules changing too quickly
Citing the scope and complexity of existing Irish and EU guidelines regarding financial compliance, close to six in ten of respondents to the Compliance Institute Survey 2025 said they struggle to keep pace with regulatory changes and the challenges the breadth of rules pose.
The survey harvested responses from 150 compliance experts across Ireland’s financial industry. It found that 58% of respondents felt that regulatory framework changes placed a strain on their expertise, time and operational focus. Other common issues were those pertaining to compliance with the Digital Operational Resilience Act (43% of respondents cited this as a challenge), managing the threat of cybercrime (37%) and interpreting and navigating upcoming EU regulations on AI adoption and deployment (35%).
"The findings of this survey underline just how vital, but also potentially complex, regulatory compliance is for financial institutions. Regulatory compliance should not be a challenge; by working with experts in financial compliance regulations, such as 1GLOBAL, the financial industry can gain a better foothold in always being prepared to comply with the latest in EU regulations."
In all, 77% of those surveyed asked for clearer guidance and coordination from regulators, while 70% would welcome specialized training and support to help them with their compliance obligations.
Find out how 1GLOBAL Compliance Services can help you easily and securely meet your regulatory obligations — talk to our team today.
About 1GLOBAL
1GLOBAL is a distinguished international provider of specialty telecommunications services catering to Global Enterprises, Financial Institutions, IoT, Mobile Operators and Tech & Travel companies. 1GLOBAL is an eSIM pioneer, a fully accredited and GSMA-certified telco, a full MVNO in nine countries, fully regulated in 42 countries, and covers 190+ countries.
It delivers comprehensive communication solutions that encompass Voice, Data & SMS - all supported by a unique global core network. It’s constantly expanding portfolio of advanced products and services includes White Label eSIMs, Connectivity Solutions, Compliance and Recording, Consumer & M2M SIM Provisioning and an Entitlement Server.
is a Senior Content Team Lead for 1GLOBAL. Ian has decades of content creation, communications and journalist experience in tech, environment and real estate, with a primary focus on solar photovoltaics and renewable energy. He works and resides in Berlin.
