Notes

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

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

Her vast experience in wealth and finance has given her a an unrivalled perspective.

Farnoush has published two pieces on BrexitCentral in 2019. It appears today that her predictions proved right.

Revisiting the things Farnoush Fassiar had predicted in regards to Brexit
Farnoush Farsiar believes leaving the European Union will free the British economy from the burdensome restrictions.

https://todd-nielsen.federatedjournals.com/farnoush-farsiar-asserts-that-brexit-has-benefited-the-uk-financial-sector-despite-the-dire-forecasts-1655760571 This will allow London's maximum potential to be fully realized.

The Financial Services sector was unable to operate under MiFID II (Financial Instruments Directive) because of regulatory intrusion.

Farnoush Farsiar Only dynamic regulations can ensure that you're effective.

Farsiar said that London is home to the world's largest financial institutions and has a huge impact on the global economy.

The financial services industry in Britain may evolve to become the most efficient version of itself when it is freed.

British financial markets may be affected by Britain’s exit from the EU and its current conditions.
They'll be self-dependent once more and will not be able to blame Brussels anymore.

Therefore, lowering corporation tax rates and undoing EU legislation must be high on the British agenda. This could also help foreign investors to improve the British financial system.

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

Furthermore, the report found that London outshined New York as the most popular city for inward investment.

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

Stock trading follows one of these guidelines.

Stopping high-frequency trading and other financial services reduces the effectiveness of the entire market.

Farnoush Farsiar This industry is likely to lose its excellence and high-frequency trading without speed.

In the end, Brexit will allow Britain to provide investors with lower options.

The anti-commerce laws made it difficult for London to stay lucrative as a competition. The industry repeatedly warned over the enormous cost for small and medium-sized businesses.

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

Bailey explained how the UK could be compared to other international authorities.

https://blogfreely.net/farnoush-farsiar6cccaa33/farnoush-farsiar-discusses-what-challenges-female-business-executives-face The idea he had to create "the future of financial regulation" was to implement an "outcome oriented" and "lower load" strategy.

Farnoush Farsiar Brexit is the UK's opportunity to amplify the impact of its global financial impacts and escape any restrictions by the EU.

These restrictions impact the previous regulations that were lighter in the United Kingdom. This hinders start-ups and businesses from expanding and competing on international markets.

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

Bailey says that "left to our devices... the UK regulatory system will be a little different."

The UK's finance markets were at risk
Competitive advantage is an economic word that means to be in a position to be superior to your competition in a particular business.

Due to the regulations, the UK was concerned that the capital's financial system was under threat of being destroyed.

This makes them less attractive for international investors and businesses would move to Paris, Frankfurt, or Amsterdam.

The most feared thing about the British finance market was that the European Union would limit the EU market's trading.

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

Britain wants to be the center of financial services in the world.

Farnoush Farsiar, post pandemic and in the middle of Brexit is looking forward to a brighter future
Farnoush Farsiar's prediction of the Brexit outcome was not too far-fetched.
There is hope for the British economy if you look at the discussion.

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

These numbers compare with PwC estimates in April of 2016, which was prior to the referendum. They estimated that 100,000 jobs in the financial sector could be eliminated in the event that Britain votes Leave.

But, despite the pounding of covid Britain's stock market is now back on the rise.

Without the "EU limitations" the UK is competitive with the rest of the world which opens the market to more foreign companies.

Many big corporations are looking to join the British stock markets, which continues its reputation as a world leader.

Farnoush Farsiar The European market is their only real problem in the field of financial services.

The decrease in the trade of seafood and fish was the main problem that faced the British Islands.
Although it is important to note that because of the lower trade with Europe the price of living actually went higher.

Farnoush Farsiar is correct. Brexit is a great thing for the financial industry. It also allowed London to realize its full potential.


Here's my website: https://todd-nielsen.federatedjournals.com/farnoush-farsiar-asserts-that-brexit-has-benefited-the-uk-financial-sector-despite-the-dire-forecasts-1655760571