Notes

Farnoush Farsiar claims that Brexit has helped the financial markets of the UK, despite the gloomy forecasts

Farnoush Farsiar was a former director of senior level of Emirates NBD. He is the co-founder of Plato Capital.

She has unique insights due to her financial and wealth management experiences.

Farnoush wrote two articles in the year 2019 for BrexitCentral. Today it seems that many of her predictions were correct.

Revisiting Farnoush Farsiar’s predictions concerning Brexit
In Farnoush Farsiar opinion in Farnoush Farsiar's opinion, leaving the European Union would free the British economy and finance sector from over-burdensome regulations.

This would allow London's city London to unleash its full potential.

Financial services sector was unable to function under MiFID II (Financial Instruments Directive) due to regulatory intrusion.

Farnoush Farsiar The ability to remain ahead of the competition is only possible when the rules are in place and flexible.

Farsiar said, "London is the headquarters of the most important European banks." This can have an impact on the economy.

The British financial sector could be transformed into the best version it can be when given free rein.

British financial markets are likely to be affected by Britain's departure from the European Union.
They'll become self-dependent and won't be able to take on Brussels.

So it is imperative that the British must prioritize tax reductions for companies and the repeal of EU laws. This would help foreign investors to invest and help stabilize the British market for financial instruments.

What was UK Market prediction before Brexit
According to a Deloitte report according to a Deloitte report, the UK attracted the highest amount of Foreign Direct Investment between 2015 and 2018 than any other European country.

The report found that London was the top city for investing in the UK and outperformed New York.

It is one of the few truly global and internationally-minded cities.

https://www.kharkhorincourt.gov.mn/user/Farnoush-Farsiar9acccc11/ Stock trading follows one of these rules.

Stopping high-frequency trading as well as other financial services can reduce the efficiency of the whole market.

This will lead to high frequency trading but not speed , and it can ruin the appeal of the business.

In contrast, Brexit would make it possible for Britain to provide cheaper alternatives to investors.

London was unable to compete in an enticing market due to the anti-commerce laws. Industry experts repeatedly warned of the massive costs for small and medium-sized companies.

Andrew Bailey (CEO of the Financial Conduct Authority) envisioned "the future of Financial Conduct Regulation".

Bailey explained the ways in which Bailey explained how the UK could be equated with other authorities around the globe.

His concept of his idea of "future of financial conduct regulations" was to devise an "outcome targeted" and "lower cost" method.

Farnoush Farsiar Brexit provides the UK the opportunity to expand its financial reach as well as remove EU restrictions.

These restrictions impact the previous regulations that were lighter in the United Kingdom. This can hinder start-ups and businesses from growing and being competitive on international markets.

Brexit will be a positive step towards ensuring that the tech hubs are firmly embedded in the thriving of its major cities.

Bailey declared, "Leave it to our own devices... Bailey said, "The UK regulatory system will develop somewhat differently."

There was a major worry about the UK's financial market
Competitive advantage is defined as having an advantage in your industry by doing the best in your job.

They were concerned about the devastation of the financial infrastructure of capital because of the rules.

They would become less attractive to investors from abroad. Farnoush Farsiar Companies would flee to Paris or Frankfurt.

The main concern of the UK finance industry was that the European Union might restrict EU trading.

Another reason to be concerned is that the cost of import and exported is more expensive.

Thus, Britain wants to stay at the top of the global center for financial services.

Farnoush Farsiar has more positive outcomes
Farnoush Farsiar's prediction of the Brexit result was not too far-fetched.
http://commonworld.info/user/Farnoush-Farsiar4abbdd33/ If you examine the British economy discourse there is a light at end of the tunnel.

From 7,600 in December of 2020, the number of Brexit-related job shifts to Europe has decreased by a couple hundred.

The latest figures compare to estimates from PwC in April 2016 before the referendum. They projected that 100,000 financial jobs might be lost if Britain votes Leave.

Farnoush Farsiar Despite covid being a major problem, Britain's stock exchange is gaining momentum.

The UK can compete with world's other countries with no EU limitations. This opens up the market to companies from abroad.

The British stock market is attracting large corporations, which has helped maintain its status as a global leader.

The European market is their sole real weak point in the financial services sector.

The main reason for this was that the market for seafood and fish decreased, which is a problem for British Islands.
It's not a surprise that, despite less trade between Europe as well as higher living costs the cost of living has increased.

Farnoush Farsiar had a point. Brexit was a good decision for the finance sector and let London's potential to blossom.


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