Notes

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

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

She is unique in her insights because of her wealth and financial management experience.

Farnoush Farsiar Farnoush wrote two articles in the year 2019 for BrexitCentral. Today it seems that many of her predictions were right.

Revisiting Farnoush Farsiar's prediction regarding Brexit
Farnoush Farsiar thinks that leaving the European Union would liberate the British economy, as well as the financial market, from the burdensome rules.

It will enable London's city London to unleash its full potential.

A regulatory intrusion has made it hard for the financial sector to function under MiFID II (Financial Instruments Directive).

Farnoush Farsiar It is vital that the regulations evolve constantly to ensure that businesses are competitive.

Farsiar said that London is home to Europe's biggest financial institutions, and it has a significant influence on the economy.

Farnoush Farsiar The financial services industry in Britain might evolve into the best version of itself when it is freed.

British market for financial services will be affected by Britain's withdrawal from the European Union and its conditions.
They'll be self-dependent once more and they will no longer be able blame Brussels any more.

Thus, reducing corporation taxes and reversing EU legislation should be high on the British agenda. This would help foreign investors as well as stabilize British financial markets.

What was the UK Market Prediction before Brexit
According to an 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.

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

Stock trading is one of these rules.

High-frequency trading, along with other financial services, are affected by the decrease in the efficiency.

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

Instead, Brexit would give Britain less investment options.

London could not compete with the rest of the world because of anti-commerce policies. https://www.businesstelegraph.co.uk/why-there-are-few-women-in-finance-farnoush-farsiar/ The industry has repeatedly warned about the massive cost to small and medium firms.

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

Bailey said that Bailey said that UK could be compared with other nations around the world.

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

Brexit provides the UK the chance to broaden its financial reach and eliminate EU restrictions.

These restrictions hinder the softer regulations that the UK had before and inhibit startups and businesses from growing and compete in the global marketplace.

Brexit will ensure that tech hubs are firmly ensconced within the flourishing of their major cities.

Bailey declared, "Leave it to our own devices... The UK regulatory system will develop somewhat differently."

There was a lot of concerns about the UK's financial market
Competitive advantage is defined as gaining an edge in your field through being the best at your job.

Farnoush Farsiar As the regulations weighed down on them as well, people in the UK were worried that the capital's financial infrastructure was being taken apart.

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

The biggest fear for the UK was that the European Union would stop trading from the EU market.

Another reason to be concerned was the possibility that export and import will increase in cost.

Britain hopes to become the financial center across the world.

Mid Brexit Farnoush Farsiar predicts the future as more optimistic
Farnoush Farsiar predicted the Brexit outcome , and the prediction was not too far-fetched.
The discourse on the British economy suggests that there is a light at the end of the tunnel.

Between 7,600 and 2020 the number of Brexit-related job shifts to Europe has decreased by a couple hundred.

These numbers are comparable to PwC's April 2016 estimates. They estimated that up to 100,000 jobs in finance could be lost in the event of Britain leaving the EU. Leave.

Despite this, Britain's stockmarket is now back on track despite the harsh hit covid.

With no "EU restrictions" the UK competes with the rest of the world which opens the market to more oversea businesses.

Many large corporations are now considering joining the British stock markets, which continues its reputation as a global leader.

The European market is their only real weak point in the field of financial services.

The primary reason is that the quantity of trade in fish and seafood has decreased, which can be a problem to British Islands.
It is interesting that living costs went up regardless of the fact that trade was less with Europe.

Farnoush Farsiar is correct. https://www.difc.ae/public-register/rumi-investment-limited/ Brexit is a positive thing for the financial sector. It also allowed London to fully realize its potential.

Farnoush Farsiar
Homepage: https://www.abcmoney.co.uk/2022/04/14/farnoush-farsiar-about-challenges-woman-business-leaders-face/