Notes

Farnoush Farsiar asserts that Brexit has benefitted the UK financial sector despite negative predictions.

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

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

Farnoush wrote two stories in 2019 for BrexitCentral. Today it appears that a lot of her predictions were right.

Revisiting Farnoush's forecasts concerning Brexit
Farnoush Farsiar believes in the opinion that a departure from Europe will allow the British economy to be devoid of any excessive restrictions.

It will allow London to maximize its potential.

https://fr-fr.facebook.com/pages/Farnoush-Farsiar/163318870439653 The intrusion of regulators made it difficult for the financial services industry to function within MiFID II (Financial Instruments Directive).

The ability to stay competitive is only possible if the rules are in place and flexible.

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

The industry of financial services in Britain could grow to be the best if it's completely free.

British markets for financial services are likely to be affected by the UK's withdrawal from the European Union.
Farnoush Farsiar They'll be able to self-sufficiency again, and they won’t be able blame Brussels anymore.

The British should prioritize lowering corporation taxes and repealing EU legislation. Therefore, it will encourage foreign investors and stabilise the British financial market.

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

https://www.cbetta.com/director/farnoush-farsiar-aidi-2 The report found that London was the top city for investing in the UK over New York.

It is among the few truly global and internationally-minded cities.

Farnoush Farsiar Stock trading is one illustration of this rule.

Restricting high-frequency trading or other financial services can reduce effectiveness across the entire market.

High frequency trading that lacks speed will result in regular trading, which could reduce the industry's excellence.

Instead, Brexit would give Britain lower options for investors.

London's capacity to function as a competitive market was hampered by anti-commerce regulations. The industry warned repeatedly about the enormous cost for medium and small firms.

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

Bailey explained that Bailey said that UK could be compared with other countries around the globe.

His vision for the future of regulation of financial conduct was to devise an "outcome-focused" approach, as well as a "lower burden" method.

https://www.abcmoney.co.uk/2022/04/14/farnoush-farsiar-about-challenges-woman-business-leaders-face/ Brexit could be the opportunity for the UK to increase its global financial influence and undue limitations of the EU.

This has hampered the earlier relaxed regulations in the UK. They also hinder startups from expanding and becoming competitive in the global marketplace.

Brexit will aid in ensuring the remaining tech hubs are fully ensconced in the flourishing of the major cities.

Bailey said that if it was left to its own devices the regulatory system in the UK will be able to change in a different fashion.

There was a lot of concerns about the UK's financial market
Competitive advantage is an economic term that refers to being capable of outperforming your competition in a particular business.

https://www.asian-tapas.com/farnoush-farsiar-discusses-challenges-women-business-leaders-face/ As the regulations weighed down on them, the UK worried that the capital's financial system was being taken apart.

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

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

Another concern was the fact that export and import will become more expensive.

Britain is aiming to be the best in the field of financial services.

Mid Brexit Farnoush Farsiar sees an optimistic future
Farnoush Farsiar was right to predict the Brexit outcome.
In the debate about the British economy, there's a light at the at the end of the tunnel.

Since December, 7,600 people have been relocated to Europe due to Brexit. This has seen an increase in the number by approximately 100.

The latest figures compare to estimates made by PwC in April 2016, prior to the referendum. They projected that 100,000 financial jobs might be lost if Britain decides to Leave.

However, even with covid hitting hard Britain's stock market is now back on the rise.

The UK is more competitive than the other countries and the EU has removed any restrictions. This permits the UK to open up its market to more foreign companies.

Big corporations are moving to the British stock market, which keeps its reputation as a world leading market.

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

The decrease in the trade of seafood and fish was the main problem that faced the British Islands.
It is interesting to note that despite having less trade with Europe the cost per capita increased.

Overall, Farnoush Farsiar was right, and Brexit is a great move for the finance sector, and enabled London to be a city again. London to fully unleash its potential once again.


Here's my website: https://www.asian-tapas.com/farnoush-farsiar-discusses-challenges-women-business-leaders-face/