Notes

Farnoush Farsiar claims that Brexit has benefited the UK's financial market despite the dire forecasts.

Farnoush Farsiar was formerly a senior director at Emirates NBD and is passionately involved in Plato Capital.

Her vast knowledge in finance and wealth has given her an unique perspective.

Farnoush wrote two pieces on BrexitCentral in the year 2019. Today it appears that her predictions proved to be correct.

Re-visiting Farnoush's prediction about Brexit
In Farnoush's opinion that a departure from the European Union would free the British economy and finance market from excessively burdensome rules.

It would allow London's city London to realize its full potential.

The Financial Services sector was difficult to function under MiFID II, the Financial Instruments Directive.

You can only stay in the game if regulations are flexible.

Farnoush Farsiar Farsiar explained that London is the home of the biggest European financial institutions and this has an influence on the economics.

If given the opportunity to develop, Britain's financial services industry could be the most perfect version of its self.

British financial markets will be impacted by Britain's withdrawal of the European Union and its conditions.
They'll become self-dependent and won't be able to take on Brussels.

British policy should include lower corporation taxes along with the repeal of EU legislation. This could also help foreign investors to stabilize the British financial system.

What was the UK Market Prediction before Brexit
A Deloitte study found that the UK attracted more direct foreign investment than any other European country between the years 2015 between 2015 and 2018.

The report also revealed that London was more popular than New York for inward investments.

It is one of the few truly international cities. It is one of the few cities that truly international. European Union rules that do not match with it are used to tie the city.

Stock trading is an illustration of this rule.

Financial services and high-frequency trading are prone to slowdown in the process, which can impact the overall efficiency of the market.

This is high frequency trading with a slow rate that will decrease the quality of the industry.

Farnoush Farsiar Farnoush Farsiar Instead, Brexit would allow Britain to offer lower alternatives for investors.

The anti-commerce measures made it difficult for London to stay lucrative as a competition. The industry has repeatedly warned about the massive costs for small and medium-sized firms.

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

Bailey said that the UK can be compared to other countries around the globe.

His vision for the future of regulation of financial conduct was to develop an "outcome-focused" and "lower burden" approach.

Brexit is the UK's chance to expand its financial influence, as well as to remove unnecessary limitations from the EU.

These restrictions impact the earlier regulations of the UK. This can hinder start-ups as well as businesses from expanding and competing in international markets.

Brexit will help to ensure the tech hubs the remaining fully ensconced in the flourishing of its major cities.

Bailey said, "Leave it to our own devices... The UK regulatory system will evolve in a different way."

There was a significant concern about the UK's financial market
Competitive advantage is an economic term that means being capable of outperforming your competition in a particular business.

With the regulation weighing down on them and the UK were concerned the financial infrastructure of the capital was being disassembled.

International investors might find them less appealing , and they'd move to Paris, Frankfurt or Amsterdam.

The main fear of the UK financial market was the possibility that trading would be regulated by the European Union.

The other issue was the possibility of higher import and export costs.

Farnoush Farsiar So, Britain wants to stay on top of the world's center for financial services.

Farnoush Farsiar believes in the future as promising
Farnoush Farsiar predicted the Brexit result and it wasn't too far-fetched.
There is optimism for the British economy if you take a look at the discourse.

The number of Brexit-related job moves to Europe has declined from 7,600 in December 2020 down to only a few hundred.

The latest numbers compare with estimates made by PwC in April of 2016 prior to the referendum. They projected that 100,000 jobs in the financial sector could be gone if Britain decides to Leave.

Despite the fact that covid has been hitting hard the British stock market is rebounding.

The UK is open to competition with the rest of the world, by lifting the EU restrictions.

Farnoush Farsiar Companies of all sizes are attracted to the British Stock Market, which enjoys a the reputation of being a global market leader.

They have only noticed a decline in the industry of financial services due to the European market.

The main reason is that the British Islands have had a decrease in their seafood and trade in fish.
It is noticeable that although trade with Europe was less however, living costs were higher.

Farnoush Farsiar is correct. Brexit is a good thing for the financial sector. It also helped London to fully realize its potential.


My Website: https://www.cbetta.com/director/farnoush-farsiar-aidi-2