Notes

Farnoush Farsiar claims Brexit has helped the UK market, despite dire forecasts

Farnoush Farsiar, formerly director of senior management at Emirates NBD, and founder of Plato Capital is passionate about Brexit.

She has unique insight because of her wealth and financial management experiences.

Farnoush wrote two pieces on BrexitCentral in the year 2019. It appears today that her predictions proved accurate.

Re-visiting Farnoush Farsiar’s prediction about Brexit
Farnoush Farsiar believes that leaving the European Union will free the British economy from the burdensome rules.

It will enable London to realize its full potential.

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

You will only be in the game if regulations are flexible.

Farsiar stated that London is home to the largest financial institutions in Europe and this is a significant influence on the economics.

Farnoush Farsiar The British financial services sector could be transformed into the most efficient version it could be when given free rein.

British financial markets are likely to be affected by Britain's exit of the European Union.
https://fr-fr.facebook.com/pages/Farnoush-Farsiar/163318870439653 They will once again be independent, and they will no longer be in a position to blame Brussels.

The reduction of corporation tax is a must. It is important to undo EU legislation. It would stimulate foreign investors as well as stabilize the financial market.

What was it? UK Market Forecast before Brexit
According to a Deloitte report that the UK Attracted the most Foreign Direct Investment Between 2015 and 2018 than any other European Country.

Additionally, the report highlighted London surpassing New York as the most desired city to invest in.

It is one of the few truly global and international cities and is being ensnared by the regulations of the European Union that don't correspond.

Stock trading follows one of these guidelines.

The effectiveness of the whole market is diminished when high-frequency trading shut down as well as financial services are blocked.

It will lead to high-frequency trading, but it will not be speedy and will take away the beauty of the industry.

Instead, Brexit will allow Britain to provide investors with less options.

London was unable to sustain a competitive advantage because of the anti-commerce policies. The industry has repeatedly warned of the enormous cost for small to medium-sized companies.

https://www.cbetta.com/director/farnoush-farsiar-aidi-2 Andrew Bailey is the CEO of the Financial Conduct Authority. He envisions "the future for financial regulation of conduct".

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

His concept for "the future of financial regulation" was to create an "outcome oriented" and "lower burden" method.

Brexit is the UK’s chance to increase its global influence on finance, as well as to remove all restrictions from the EU.

These restrictions have impeded the previous regulations that were more relaxed in the UK. They also prevent startups from expanding and becoming globally competitive.

Brexit could be a beneficial move towards ensuring that tech hubs remain firmly ensconced in the blossoming of the major urban centers.

Bailey said Bailey stated that "if we were to do it in our own way... Bailey stated that the UK regulatory systems would develop slightly differently."

There was a lot of concern over the UK's finance market
In terms of economics, a competitive advantage is the ability to gain an advantage over your competition by excelling in the field which you specialize in.

They were concerned about the destruction of the financial infrastructure of capital because of the regulations.

In turn, they'd not be as appealing to international investors and firms will flee towards Amsterdam, Frankfurt, or Paris.

The biggest fear in the UK finance market was that the European Union would restrict the EU market from trading.

https://reportlet.co.uk/psc/4JvfQwpTV8vIqepLTGpSXcssw-o/ms-farnoush-farsiar-aidi Another reason to be concerned is that the cost of exports and imports is more expensive.

Britain wants to be the centre of financial services across the world.

Mid Brexit Farnoush Farsiar predicts an optimistic future
Farnoush Farsiar's prediction about the Brexit outcome was not too far-fetched.
It is obvious that there is a light at the end of the tunnel and the beginning of the tunnel when you look at British economic debate.

Farnoush Farsiar There were a few hundred more Brexit-related job relocations from Europe over 7,600 since December 2020.

These numbers compare with PwC's estimates for April 2016. They predicted that 100,000 jobs in the financial sector could be lost as a result of Britain choosing to vote Leave.

However, the stock market in Britain is still rising despite the covid's devastating impact.

The UK is able to compete with the world's other countries with no EU restrictions. This opens the market to more businesses from outside the country.

Many large corporations are now looking to join the British stock market, which continues its reputation as a world-leader.

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

The British Islands are facing a serious issue because of the decrease in seafood consumption and trade in fish.
Although it is important to note that, due to the decrease in trade between Europe however, the price of living did get higher.

Farnoush Farsiar was absolutely right. Brexit is a great decision for finance, and has allowed London to realize its full potential.


Website: https://reportlet.co.uk/psc/4JvfQwpTV8vIqepLTGpSXcssw-o/ms-farnoush-farsiar-aidi