Notes

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

Farnoush Farsiar is passionate about Brexit.

Farnoush Farsiar She is unique in her insight because of her financial and wealth management experience.

Farnoush has written two pieces for BrexitCentral in 2019, and it seems that a lot of her predictions were right this morning.

Revisiting Farnoush Farsiar’s predictions concerning Brexit
Farnoush Farsiar believes that leaving the European Union will free the British economy from the burdensome regulations.

It would allow London to reach its full potential.

Financial sector operations , under MiFID II (Financial Instruments Directive) were made challenging by regulatory intrusion.

You will only be ahead of the competition if rules are flexible.

Farsiar stated, "London is the headquarters for the biggest european banks." This has an effect on the economy.

The industry of financial services in Britain is likely to grow to become the most effective when it is absolutely free.

https://getbritainout.org/johnson-and-javid-are-only-part-of-the-brexit-recipe-for-the-citys-success/ British financial markets could be affected by Britain's withdrawal from the EU and its current conditions.
They'll be self-dependent and won't be able to blame Brussels.

British policy should include lower corporation tax rates as well as the repeal of EU legislation. This will boost foreign investment and help stabilize the British market.

What was UK Market prediction before Brexit
According to a Deloitte survey it was found that the UK attracted more Foreign Direct Investment in 2015 than any other European nation.

The report also found that London was more popular than New York for inward investments.

It is among the few cities that truly are international. The European Union rules that do not match with it are being used to bind it down.

One of these rules is utilized in stock trading.

The efficiency of the entire market is affected when high-frequency trading is removed as well as financial services are blocked.

The lack of speed will result in regular trading, which could reduce the quality of trading.

In contrast, Brexit would allow Britain to offer lower alternatives for investors.

London was unable to compete in an enticing market due to the anti-commerce laws. The industry has repeatedly warned of the huge costs for small- to medium-sized enterprises.

Andrew Bailey, the CEO of the Financial Conduct Authority, saw "the future in the regulation of financial conduct".

Bailey explained the ways in which Britain could be compared with other countries' authorities.

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

Brexit gives the UK the opportunity to expand its financial reach and eliminate EU restrictions.

These restrictions stop the UK from having the lenient regulations it had previously and hinder enterprises and start-ups the ability to expand and be competitive in the global market.

Brexit will allow tech hubs to stay in the blossoming cities of its main cities.

Bailey said that "if we were to do it our way... the UK regulatory system would evolve somewhat differently."

There was serious concern over the UK's finance market
Competitive advantage is described as the ability to gain an edge in your industry by doing the best in your job.

Due to the regulations due to the regulation, the UK began to be concerned that the capital's finance system was being demolished.

https://www.trackometrix.com/farnoush-farsiar-why-are-so-few-women-in-finance-2/ This makes them less attractive for international investors as companies would be forced to relocate to Paris, Frankfurt, or Amsterdam.

The most significant fear in the UK financial market was the possibility that the trading market would be shut down by the European Union.

The other concern was the possibility of rising import and export prices.

Farnoush Farsiar Britain hopes to become the financial center across the world.

Farnoush Farsiar expects positive results
Farnoush Farsiar's predictions for Brexit were not too far-fetched.
The debate regarding the British economy indicates that there is hope at the end.

Between 7,600 and the end of December 2020, there was only a handful of job relocations to Europe in connection with Brexit.

These figures are similar to PwC's April 2016 estimates. They estimated that as many as 100,000 financial jobs could be eliminated If Britain voted Leave.

However, the stock market in Britain remains growing despite covid's devastating effects.

The UK is able to compete with the rest of the world, with no EU limitations. This opens the market to companies from abroad.

A number of large companies are seeking to join the British stock markets that continue to be regarded as a world-leader.

They have only noticed an increase in the financial services industry because of the European market.

https://www.talk-business.co.uk/2022/06/21/fanoush-farsiar-on-the-importance-of-gender-lens-investing/ https://lexcliq.com/how-can-wealth-management-firms-prepare-for-turbulent-times-farnoush-farsiar/ The main reason is that the British Islands have had a decline in their seafood and trade in fish.
It is noteworthy that, despite having lower trade with Europe the cost per capita was higher.

But all in all, Farnoush Farsiar was right and Brexit is a good move for the finance sector, and allowed London to be a city again. https://www.businesstelegraph.co.uk/why-there-are-few-women-in-finance-farnoush-farsiar/ London to realize its full potential again.


My Website: https://www.businesstelegraph.co.uk/why-there-are-few-women-in-finance-farnoush-farsiar/