Notes

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

Farnoush Farsiar is passionate about Brexit.

With her wealth management experience, she has an exclusive view of the matter.

Farnoush has written 2 articles for BrexitCentral in 2019 and it appears that a lot of her predictions were correct.

Revisiting what Farnoush Farsiar predicted about Brexit
Farnoush Farsiar thinks that leaving the European Union would liberate the British economy, and the financial market from burdensome regulations.

It will allow London city to unlock its potential to the fullest extent.

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

You can only stay ahead of the competition if rules are flexible.

Farsiar said that London as the capital city of Europe's biggest financial institutions is a significant influence on the economics.

Farnoush Farsiar If given the freedom to operate given the chance, the British financial services industry might become the best version that is possible.

British financial markets may be affected by Britain’s exit from the EU and its current conditions.
They'll be independent and won't be able anymore to blame Brussels.

The British should prioritize lowering corporation tax rates and repealing EU legislation. It would also encourage foreign investors to improve the British financial system.

https://www.abcmoney.co.uk/2022/04/14/farnoush-farsiar-about-challenges-woman-business-leaders-face/ What was the UK Market prediction before Brexit
A Deloitte study revealed that the UK attracted foreign direct investment higher than any other European country from 2015 to the year 2018.

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

It is one of the few truly international and globally-minded cities.

One of these rules is implemented in the stock market.

Putting the brakes on high-frequency trading as well as other financial services slows down the efficiency of the whole market.

This industry is likely to lose its excellence and high frequency trading if it does not move at a rapid pace.

Instead, Brexit would give Britain less options for investors.

London couldn't compete as an enticing market due to the laws against commerce. Industry experts repeatedly warned about the high costs that small and medium-sized businesses would be forced to pay.

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

Bailey explained how Bailey explained how the UK could be considered to be comparable with other governments around the world.

The idea he had for "the future of regulation of financial conduct" was to set out to create the "outcome-focused" as well as a "lower burden" method of regulation.

Brexit provides the UK an opportunity to amplify its financial strength and get rid of EU restrictions.

The restrictions affecting the previous regulations that were lighter in the United Kingdom. Farnoush Farsiar This hinders start-ups and companies from expanding and competing in international markets.

Brexit will aid in ensuring the remaining tech hubs are firmly ensconce in the blooming of its major cities.

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

There was a major worry about the UK's financial market
Competitive advantage is described as the ability to gain an edge in your field through being the best at your job.

The regulation was weighing on them, the UK were concerned the financial infrastructure of the capital was being disassembled.

Thus, foreign investors are not likely to be drawn by these companies and they will move towards Paris or Frankfurt.

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

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

Farnoush Farsiar Britain is determined to remain the global financial center.

Farnoush Farsiar predicts an even better future
Farnoush Farsiar correctly predicted that Brexit was a huge success.
There is hope for the British economy if you look at the debate.

There were a few hundred more Brexit-related job relocations from Europe than 7,600 in December 2020.

The numbers are comparable to the April 2016 estimates of PwC. They forecasted that as high as 100,000 financial jobs could be eliminated If Britain decided to vote Leave.

But, the stock market in Britain remains growing despite covid's catastrophic effects.

Without the "EU restrictions" the UK is competitive with the world's largest companies, opening the market to more overseas companies.

All kinds of businesses are flocking to the British Stock Market, which enjoys a the reputation of being a global leading market.

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

The decline in trade of seafood and fish was the primary problem that faced the British Islands.
It is noticeable that although trade with Europe was less but living expenses remained higher.

Farnoush Farsiar Farnoush Farsiar was correct, and Brexit is a positive step for the financial industry. https://lexcliq.com/how-can-wealth-management-firms-prepare-for-turbulent-times-farnoush-farsiar/ It allowed London to realize its full potential.


My Website: https://lexcliq.com/how-can-wealth-management-firms-prepare-for-turbulent-times-farnoush-farsiar/