I had a read through the Revenue's guidelines, and it looks to me as if he would be exempt from VAT, because it's just FX: A supplier of an exempt intermedia

I had a read through the Revenue's guidelines, and it looks to me as if he would be exempt from VAT, because it's just FX: A supplier of an exempt intermediary service is a person who: - brings together a person seeking a financial service with a person who provides a financial service - stands between the parties to a contract and acts in an intermediary capacity, and - undertakes work preparatory to the completion of a contract for the provision of financial services, whether or not it is completed. all three of those apply (but IANATaxAdvisor)