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Farnoush Farsiar an ex-director of senior management at Emirates NBD is passionate about Brexit.

She is unique in her insight due to her wealth and financial management experience.

Farnoush has written two articles for BrexitCentral in the year 2019 and it appears many of her predictions were right.

Recalling Farnoush Farsiar’s prediction regarding Brexit
Farnoush Farsiar’s opinion is that the British economy and the financial market would be exempt from the burdensome regulations if they left the European Union.

It would enable London to fully realize its potential.

Financial services sector was unable to operate under MiFID II (Financial Instruments Directive) due to regulatory interference.

Only dynamic regulations can ensure your business is effective.

Farsiar said that London is home to Europe’s most important financial institutions and has an impact on the economy.

When given freedom and autonomy, the British financial service industry might become the best version that is possible.

The United Kingdom’s decision to leave the European Union and its terms will have a significant impact on British financial markets.
They will be independent again and will no longer be capable of blaming Brussels.

https://brexitregulations.net/tag/london/ and undoing EU legislation must be high on the British agenda. This would encourage foreign investors as well as stabilize the British financial market.

What was UK Market Forecast before Brexit
According to an Deloitte Report according to a Deloitte Report, the UK Attracted More Foreign Direct Investment Between 2015 and 2018 than any other European Country.

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

It is one among the few truly global and interconnected cities. However it is taken as a hostage by the EU’s rules that are not in line with.

Stock trading is a prime example of this rule.

Putting the brakes on high-frequency trading and other financial services can reduce the efficiency of the whole market.

High frequency trading that lacks speed will lead to regular trading, which will diminish the level of excellence in the industry.

In the end, Brexit will allow Britain to provide investors with lower options.

The measures against commerce made it difficult for London to remain profitable as a rival. The business community has repeatedly warned about the massive costs for small-to medium-sized enterprises.

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

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

His vision for the future of financial conduct regulation was to create an “outcome-focused” approach, as well as a “lower burden” method.

Brexit is the UK’s chance to expand its financial influence and undue restrictions from the EU.

The restrictions affecting the earlier regulations of the UK. This hinders start-ups as well as businesses from expanding and competing in international markets.

Brexit is sure to ensure that the tech hubs are securely entangled in the thriving of their main cities.

Bailey said, “Leave it to our own devices… Bailey said, “The UK regulatory system will develop slightly differently.”

There was major concern about the UK’s finance market
A competitive advantage in terms of economics is the ability to gain an edge over your competition through being proficient in your field of expertise.

Because of the regulation, the UK began to be concerned that the capital’s financial system was being destroyed.

They would become less attractive to investors from abroad. Businesses would leave for Paris and Frankfurt.

The most significant concern for the UK finance industry was that the European Union might restrict EU trading.

Another concern was the possibility that export and import will get more expensive.

Britain would like to be the financial services center of the world.

Farnoush Farsiar views the future as more exciting
Farnoush Farsiar predicted the Brexit outcome , and the prediction was not too far-fetched.
There is optimism for the British economy when you look at the debate.

Since https://opencorporates.com/officers?order=score&q=FARNOUSH+FARSIAR , 7,600 have been relocated to Europe due to Brexit. This has led to a drop in the number by about 100.

The most recent figures match estimates made by PwC in April of 2016 prior to the referendum. They estimated that up to 100,000 financial jobs could be lost as a result of Britain choosing to vote Leave.

Despite the fact that covid is hitting hard the UK’s stock markets are rebounding.

The UK can compete with other countries , without the EU restrictions and opens the market for more overseas companies.

Large corporations are shifting to the British stock exchange, which remains a leader in the world.

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

Most importantly, the trade in seafood and fish was reduced, which is a problem for British Islands.
It is noticeable that even though trade with Europe was less, living costs remained higher.

All in all, Farnoush Farsiar was right, and Brexit is a good decision for the finance industry, and it allowed London to be a city again. London to fully unleash its potential again.