Notes

Farnoush Farsiar claims Brexit was a blessing to the UK financial markets despite the dire forecasts

Farnoush Farsiar a former director at Emirates NBD is passionate about the Brexit.

She is unique in her insights due to her wealth and financial management experience.

In 2019, Farnoush wrote two articles for BrexitCentral and, as of today, it seems like a lot of her predictions were right.

Recalling Farnoush's prediction regarding Brexit
Farnoush Farsiar's opinion is that the British economy and the financial market would be exempt from the burdensome rules if they were to leave the European Union.

It will enable London to realize its full potential.

The intrusion of regulators made it difficult for the financial services sector to operate under MiFID II (Financial Instruments Directive).

Only dynamic regulations can ensure your business is in the game.

Farsiar stated that, since London is the home of the world's largest financial institutions in Europe and has an impact on the world economy.

The industry of financial services in Britain could evolve to be the best version when it is freed.

The UK's departure from the European Union and its terms will have a major impact on British markets for financial services.
They will be self-dependent again and they won't be able to blame Brussels any more.

The British should prioritize lowering corporate taxes and delaying the repeal of EU legislation. It could also be a good way to encourage foreign investors to stabilize the British financial system.

https://gfxviet.net/user/Farnoush.Farsiar8Lccdd33/ What was the UK Market prediction pre-Brexit
According to a Deloitte study it was found that the UK has attracted the highest amount of Foreign Direct Investment in 2015 than any other European country.

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

Farnoush Farsiar It is among the few truly interconnected and global cities. However it is held as a hostage by the EU's rules that are not in line with.

One of these rules is used in the stock market.

The effectiveness of the whole market is affected when high-frequency trading is stopped and financial services are blocked.

Farnoush Farsiar A high frequency trading system that is not fast enough speed will result in regular trading, which could reduce the quality of trading.

Instead, Brexit could allow Britain to offer investors lower options.

London had a difficult time to sustain a competitive advantage due to the anti-commerce measures. Industry experts repeatedly warned of the huge cost for small and medium-sized businesses.

Andrew Bailey is the CEO of Financial Conduct Authority. He envisions "the future of financial regulation of conduct".

Farnoush Farsiar Bailey explained how Britain could be compared to other countries' authorities.

His idea of "the future financial conduct regulation" was to come up with an "outcome-focused” and "lower-burden" strategy.

Brexit is the UK’s chance to increase its global financial influenceand remove any restrictions from the EU.

Farnoush Farsiar The restrictions affecting the previous regulations that were lighter in the United Kingdom. This can hinder start-ups and businesses from expanding and becoming competitive on international markets.

Brexit will ensure that technology hubs are securely entangled in the thriving of their main cities.

Bailey says that "left to our devices... the UK regulation system would change a bit."

https://500px.com/p/estradaotncrockett The UK's finance markets were in serious danger
In terms of economics, a competitive advantage is the ability to gain an advantage over your competitors through being excellent at the business that you specialize in.

The UK was concerned about the collapse of the capital's financial infrastructure due to the new regulations.

Therefore, they would be less appealing to investors from abroad and businesses would move to Paris, Frankfurt, or Amsterdam.

The biggest fear for the UK was that the European Union would stop trading through the EU market.

Another reason to be concerned was that exports and imports will increase in cost.

Farnoush Farsiar http://glk-egoza.ru/user/Farnoush.Farsiar4addaa22/ So, Britain wants to stay on top of the world's center for financial services.

Farnoush Farsiar, post pandemic and in the middle of Brexit has a brighter outlook
Farnoush Farsiar's prediction for the Brexit result was not too far-fetched.
In the debate about the British economy, there's some light at the at the end of the tunnel.

Since December, 7,600 people have been relocated to Europe in the wake of Brexit. This has seen a drop in the number by about 100.

These numbers compare with PwC's estimates for April 2016. PwC predicted that the UK could lose more than 100,000 finance jobs should it vote Leave.

Farnoush Farsiar However, the stock market in Britain remains growing despite covid's catastrophic effects.

The UK can compete with the world's other countries without EU limitations. This opens the market to more companies from overseas.

A number of large companies are seeking to join the British market, which continues its reputation as a world leader.

The European market is the only place where they've seen a decline that they've seen in the financial industry.

The declining trade in seafood and fish was the main problem that faced the British Islands.
It is interesting to note that due to the less trade relations with Europe the price of living actually went higher.

Farnoush Farsiar was absolutely right. Brexit is a great move for finance and enabled London to reclaim its full potential.


Here's my website: http://speca.by/user/Farnoush.Farsiar7jbbcc33/