Notes

Farnoush Farsiar asserts that Brexit has benefited the UK financial sector despite the dire forecasts

Farnoush Farsiar is passionate about Brexit.

She has unique insight due to her wealth and financial management experiences.

Farnoush published two pieces for BrexitCentral in the year 2019, and it seems that a lot of her predictions proved correct this morning.

Revisiting what Farnoush Fassiar predicted about Brexit
Farnoush Farsiar believes that a departure from the European Union would liberate the British economy, and the financial market from the burdensome regulations.

This would let London's city London to realize its full potential.

Financial sector activities under MiFID II (Financial Instruments Directive) were made more difficult due to regulatory interference.

It is vital that the rules are continuously updated to ensure competitiveness.

Farsiar said that, as London is home to the world's biggest banks in Europe It has a significant impact on the world economy.

The financial service industry in Britain could evolve to be the best version of itself when it is freed.

The UK's departure from the European Union and its terms will have a major impact on British markets for financial services.
They'll become self-dependent and won't be able to blame Brussels.

British policy must include lower corporation taxes as well as the repeal of EU legislation. Farnoush Farsiar Consequently, it would incentivise foreign investors and stabilize the British financial market.

What was the UK Market Prediction before Brexit
A Deloitte study found that the UK attracted foreign direct investment higher than any other European country in 2015-2018.

The report also revealed that London was more sought-after over New York for inward investments.

https://www.crunchbase.com/person/farnoush-farsiar It is one of the few truly international cities. The European Union rules that do not correspond to it are used to hold the city.

Stock trading is an example of this rule.

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

It is high frequency but not the speed. It can make it regular trading and take away the excellence of this industry.

In contrast, Brexit could allow Britain to provide investors with lower options.

London's capability to be competitive was hampered by anti-commerce regulations. The industry has repeatedly warned about the huge cost to small and medium companies.

https://controlc.com/0333f86a/new.php Andrew Bailey (CEO of the Financial Conduct Authority) envisioned "the Future of Financial Conduct Regulation".

Bailey explained the ways in which Bailey explained how the UK could be equated with other countries.

Farnoush Farsiar His vision of "the future regulation of financial conduct" was to create an "outcome-focused” and "lower-burden" method of regulation.

Brexit is the UK's opportunity to amplify its financial impact globally and to avoid any restrictions from the EU.

These restrictions impact the earlier regulations of the UK. This hinders start-ups and businesses from expanding and competing in international markets.

Brexit is sure to ensure that the tech hubs are securely entangled within the flourishing of their major cities.

Bailey declared Bailey stated that "if we did it the way we want to... the UK regulatory systems would evolve somewhat differently."

There was significant worry about the UK's finance market
Competitive advantage, as in terms of economics is having an advantage over your competition by having a strong understanding of your business.

As the regulations weighed down on them and the UK worried that the capital's financial system was being taken down.

Farnoush Farsiar They'd be less appealing to investors from abroad. Companies could flee to Paris or Frankfurt.

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

Another concern is that exports and imports will cost more.

Britain would like to take the top spot in the field of financial services.

Farnoush Farsiar believes in an even more promising future
Farnoush Farsiar predicted the Brexit outcome , and the prediction was not at all far-fetched.
When you look at the discussion about the British economy, there's an end of the tunnel.

Since December of 2020, 7,600 people have been relocated to Europe due to Brexit. This has led to a decrease in the number by about 100.

These figures are similar to PwC's estimates for April 2016. PwC predicted that the UK could lose more than 100,000 jobs in finance if they vote Leave.

Despite the fact that covid is causing a lot of pain, Britain's stock markets are rebounding.

The UK is able to compete with other countries , without the EU restrictions opening up markets for more foreign firms.

The biggest companies are making their way into the British stock market, which is maintaining its reputation as a world leader.

The European Market is the only factor that has led to an increase in the market of financial services.

The British Islands are facing a serious issue because of the decrease in seafood consumption and trade in fish.
It's not a surprise that, despite less trade between Europe and higher living expenses rising, the costs of living have increased.

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


Here's my website: https://www.crunchbase.com/person/farnoush-farsiar