Notes

Farnoush Farsiar claims Brexit has benefited the UK financial markets despite dire predictions

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

Her extensive experience in the fields of finance and wealth has provided her with a an unique perspective.

In the year 2019, Farnoush wrote two pieces for BrexitCentral and, as of today, it seems like a lot of her forecasts were correct.

Revisiting what Farnoush Farsiar had predicted in regards to Brexit
Farnoush Farsiar's opinion is that the British economy and financial markets will be free of excessive rules if they were to leave the European Union.

It will enable London to fully realize its potential.

Financial services sector found it difficult to function under MiFID II, the Financial Instruments Directive.

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

Farsiar claimed that since London is home to the largest financial institutions in Europe, it influences the world economy.

The financial service industry in Britain may evolve to become the best version when set free.

British financial markets are expected to be affected by the UK's withdrawal from the European Union.
They'll become self-dependent, and they won't be blamed for Brussels.

British policy must include lower corporate taxes and the removal of EU legislation. It would also encourage foreign investors to improve the British financial system.

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

In addition, the report revealed that London beat New York as the most popular city for inward investment.

It is one of the few truly global and international cities and is being ensnared by the rules of the European Union that don't correspond.

Stock trading follows one of these guidelines.

Farnoush Farsiar The efficiency of the entire market is affected when high-frequency trading is shut down and financial services are stopped.

The industry will fall short of its excellence and high frequency trading if it does not move at a rapid pace.

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

London had a difficult time to sustain a competitive advantage because of the anti-commerce policies. https://fr-fr.facebook.com/pages/Farnoush-Farsiar/163318870439653 Industry experts have repeatedly warned of the huge costs that small and medium-sized companies would have to shoulder.

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

Farnoush Farsiar Bailey explained how Bailey explained how the UK could be considered to be comparable with other authorities around the globe.

His concept for "the future of regulation of financial conduct" was to evolve the "outcome-focused" as well as a "lower burden" method of regulation.

Brexit offers the UK the chance to broaden its financial reach, and also eliminate EU restrictions.

This has hampered the previous regulations that were more relaxed in the UK. They also prevent startups from expanding and becoming competitive on the global market.

Brexit will ensure that the tech hubs remain in the midst of the main cities.

Bailey stated that if it was it was left to its own devices the system of regulation in the United Kingdom could change in a different way.

There was significant concern about the UK's financial market
A competitive advantage, in terms of money, is the ability to gain an edge over your competition through being proficient in the field you are specialized in.

The regulation was weighing on them, the UK were worried that the capital's financial infrastructure was being taken down.

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

The greatest fear in the UK's finance market was that the European Union would limit the EU market's trading.

Another worry was the possibility that import and export is likely to become more expensive.

Britain hopes to become the financial center in the world.

Farnoush Farsiar has more positive results
Farnoush Farsiar predicted the Brexit result and it wasn't at all far-fetched.
In the debate about the British economy, there's an at the end of the tunnel.

The number of jobs relating to Brexit moves to Europe decreased by 7,600 from December 2020 to a few hundred.

The most recent figures match estimates made by PwC in April 2016, prior to the referendum. They predicted that 100,000 jobs in the financial sector could be eliminated if Britain decides to Leave.

Despite the fact that covid is a huge issue, the British stock market is gaining momentum.

Farnoush Farsiar The UK can compete with other nations without the EU restrictions, which opens up the market for more overseas businesses.

All kinds of businesses are attracted to the British Stock Market, which has earned a international reputation as a leader.

The only drop they've noticed in the financial service industry is the European market.

The declining trade in seafood and fish was the main problem that faced the British Islands.
It is important to note that despite having less trade with Europe the cost per capita was higher.

Farnoush Farsiar was absolutely right. Brexit is a great move for finance and let London to realize its full potential.

Farnoush Farsiar
Website: https://www.highlandcountychamber.com/farnoush-farsiar-why-are-women-so-scarce-in-finance/