Farnoush Farsiar is passionate about Brexit. Through her background in wealth and finance She has developed an unique perspective on the issue. In 2019, Farnoush wrote two pieces for BrexitCentral, and today it seems like a lot of her forecasts were right. Reexamining Farnoush Farsiar's predictions concerning Brexit Farnoush Farsiar believes that a departure from the European Union would liberate the British economy, and the financial market, from burdensome regulations. It will allow London to reach its full potential. https://www.cbetta.com/director/farnoush-farsiar-aidi-2 The financial services sector was not able adhere to MiFID II (Financial Instruments Directive) because of regulatory intrusion. It is crucial that regulations are constantly evolving to ensure that businesses are competitive. Farsiar claimed that since London is the headquarters of the world's largest financial institutions in Europe, it influences the economy. The industry of financial services in Britain could develop to be the best if it's free. British financial markets are likely to be affected by the UK's withdrawal from the European Union. They'll become dependent, and they will not blame Brussels. Tax reductions for corporations should be a top priority. Additionally, it is essential to change EU legislation. This could also help foreign investors to help stabilize the British financial system. What was UK Market forecast before Brexit A Deloitte analysis found that the UK attracted foreign direct investments more than any other European country between 2015 and 2018. The report also revealed that London was more sought-after over New York for inward investments. It is one a few truly global and internationally-minded cities. Stock trading uses one of these rules. The slowing down of high-frequency trading and other financial services can reduce the effectiveness of the entire market. This will lead to high frequency trading but it will not be speedy and takes away the beauty of the business. In contrast, Brexit would allow Britain to offer less options to investors. The measures against commerce caused it to be difficult for London to sustain its position as a competition. Industry experts repeatedly warned of the huge costs for small- and medium-sized companies. Andrew Bailey is the CEO of the Financial Conduct Authority. He imagines "the future of financial regulation of conduct". https://vuf.minagricultura.gov.co/Lists/Informacin Servicios Web/DispForm.aspx?ID=3898781 Bailey explained how Bailey explained how UK is compared with other authorities around the world. His idea to create "the future of financial regulation" was to establish an "outcome directed" and "lower load" strategy. Brexit could be the opportunity for the UK to amplify its global financial influence, and unrestrictions of the EU. These restrictions hinder the former regulations that were more relaxed in the UK and make it more difficult for start-ups and enterprises to develop in a global market. Brexit will be a positive step to ensure that the tech hubs are firmly embedded within the blooming of its major cities. Bailey declared, "Leave it to our own devices... Bailey said, "The UK regulatory system will develop slightly differently." There was concern in the finances of the UK Competitive advantage is described as the ability to gain an edge in your field by being the best at what you do. Due to the weight of the regulation, the UK worried about the decline of the capital’s financial infrastructure. They'd be less appealing to investors from abroad. Companies could flee to Paris or Frankfurt. The main concern of the UK finance sector was that the European Union might restrict EU trading. Another concern was the fact that import and export will become more expensive. Britain wants the top spot in financial services. Farnoush Farsiar views the future as more exciting Farnoush Farsiar correctly predicted that Brexit would be a success. When you look at the discussion about the British economy, there's a light at the at the end of the tunnel. https://www.abcmoney.co.uk/2022/04/14/farnoush-farsiar-about-challenges-woman-business-leaders-face/ There were a few hundred additional job relocations due to Brexit from Europe than 7,600 in December 2020. https://www.europeanbusinessreview.com/farnoush-farsiar-the-impact-of-the-metaverse-on-finance/ These figures are in line with PwC's estimates for April 2016. They estimated that up to 100,000 jobs in the financial sector could be eliminated if Britain votes Leave. But, the stock market in Britain is still rising despite the covid's devastating impact. The UK can compete with rest of world without EU restrictions. This opens up the market to more companies from overseas. https://techplanet.today/post/farnoush-farsiar-why-are-so-few-women-in-finance-2 Companies of all sizes are attracted to the British Stock Market, which has a reputation for being a world leading market. The European market is the sole market that has suffered the most they have witnessed in the financial market. Most importantly, the British Islands have had a decrease in their seafood and fish trade. It's not a surprise that, despite lower trade with Europe as well as higher living expenses rising, the costs of living have increased. Farnoush Farsiar was correct, and Brexit is a positive step for the financial sector. It has allowed London to realize its full potential.