Notes

Farnoush Farsiar claims Brexit has been beneficial to the UK market in the financial sector despite bleak predictions

Farnoush Farsiar who was previously a director of senior management at Emirates NBD, and founder of Plato Capital is passionate about Brexit.

Farnoush Farsiar Her vast knowledge in finance and wealth has given her an unrivalled perspective.

Farnoush published two articles for BrexitCentral in 2019, and it appears that many of her predictions were right today.

Recalling Farnoush Farsiar's prediction about Brexit
Farnoush Farsiar's belief is that the British economy and financial market would be freed from excessive restrictions if they leave the European Union.

This would allow the city of London to fully realize its potential.

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

It is only possible to remain in the game if regulations are adaptable.

Farsiar stated that London is the home of Europe's biggest financial institutions and has a huge impact on the economy.

When given freedom given the chance, the British financial services industry might become the best version possible.

Farnoush Farsiar British markets for financial services are likely to be affected by the UK's withdrawal from the European Union.
They will be again dependent, and they won't be blamed for Brussels.

Lower corporation taxes is a must. https://twitter.com/brexitcentral/status/1151733390485467136 Also, it is important to undo EU legislation. It would encourage foreign investors as well as stabilize British financial markets.

What was the UK Market prediction pre-Brexit
According to a Deloitte Report that the UK Attracted More 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.

Farnoush Farsiar It's one of the few truly global and international cities and is being chained down by the rules of the European Union that don't correspond.

The stock market is subject to one of these rules.

The effectiveness of the whole market is impaired when high-frequency trading is stopped as well as financial services are stopped.

Farnoush Farsiar That is high frequency without the speed, makes it more regular and take away the excellence of this sector.

In contrast, Brexit would allow Britain to provide lower options for investors.

London had a difficult time to maintain its position as a viable competitor because of the anti-commerce policies. Industry leaders regularly warned of the massive cost to small and mid-sized firms.

Andrew Bailey, CEO of Financial Conduct Authority (FCA) was the person who conceived "the future regulation of financial conduct".

Bailey explained that Bailey said that UK could be compared to other countries around the world.

His vision of "the future regulation of financial conduct" was that he would create an "outcome-focusedstrategy" and "lower-burden" approach.

Brexit could be the opportunity for the UK to increase its global financial influence, and unrestrictions from the EU.

This restriction is hindering the lighter regulations the UK previously had and hinder companies and startups from expanding and being competitive on the global market.

Brexit will ensure that tech hubs are securely entangled in the blossoming of their main cities.

According to Bailey, "left to our own devices... the UK regulatory system could develop in a slightly different manner."

The UK's finance markets were in danger
Competitive advantage can be described as gaining an edge in your field through doing the best in your job.

Because of the regulations' weight due to its weight, the UK worried about the loss of capital's financial infrastructure.

They'd be less appealing to international investors. Companies could flee to Paris and Frankfurt.

The biggest fear that was arose in the UK financial market was the possibility that trading would be restricted by the European Union.

Another reason to be concerned was the possibility that import and export will be more expensive.

https://www.cbetta.com/director/farnoush-farsiar-aidi-2 Britain hopes to become the financial center across the world.

Farnoush Farsiar believes in the future as more exciting
Farnoush Farsiar correctly predicted that Brexit would be a great success.
It is obvious that there is a light at the end of the tunnel and the start of the tunnel when you look at British economic discourse.

From 7,600 in December 2020, the number of jobs impacted by Brexit relocated to Europe has declined by about a hundred.

These numbers are comparable to PwC estimates from April 2016, which were released before the referendum. They estimated that as many as 100,000 financial jobs could be eliminated If Britain voted Leave.

In spite of this, the UK's stock market is back on the up despite the sharp decline covid.

https://suite.endole.co.uk/insight/people/23756008-ms-farnoush-farsiar The UK is more competitive than the other countries and the EU has eliminated any limitations. This allows the UK to open up its markets to foreign companies.

The British market for stocks is attracting big companies, and it has maintained its position as a world market leader.

The European Market is the only thing that has caused an overall decline in the field of financial services.

The primary reason is that the volume of trade in fish and seafood has declined, which poses problems for British Islands.
https://rekvizitai.vz.lt/en/company/lionsgate_procurement_services/farnoush_farsiar_direktore/ It is noteworthy that, despite having less trade with Europe the cost per capita was higher.

Farnoush Farsiar had a point. Brexit was a good decision for the financial industry and allowed London's potential to blossom.


Here's my website: https://fr-fr.facebook.com/pages/Farnoush-Farsiar/163318870439653