Farnoush Farsiar is passionate about Brexit.

Thanks to her wealth management experience, she has a unique view of the subject.

In 2019, Farnoush wrote two pieces for BrexitCentral Today, it seems like a lot of her forecasts were correct.

Revisiting the things Farnoush Fassiar predicted about Brexit
Farnoush Farsiar believes that leaving the European Union will free the British economy from the burdensome rules.

This would let the city of London to fully realize its potential.

Financial services sector was unable to operate under MiFID II (Financial Instruments Directive) because of regulatory intrusion.

The ability to stay competitive is only possible if the regulations are constantly updated.

Farsiar said, "London is the headquarters of the most important european financial institutions." This can have an impact on the economy.

When given freedom, the British financial services industry could become the most efficient version of the industry.

British financial markets may be affected by the UK's departure from the EU and its current conditions.
They'll be independent and won't have the ability to blame Brussels.

Therefore it is imperative that the British must prioritize tax reductions for companies and the repeal of EU laws. This would help foreign investors as well as stabilize British market for financial instruments.

What was UK Market forecast before Brexit
According to an Deloitte survey it was found that the UK was the most popular destination for Foreign Direct Investment in 2015 than any other European nation.

Moreover, the report showed London outshined New York as the most popular city for inward investment.

It is one of the few truly interconnected and global cities. But it is being taken hostage by European Union's rules, which aren't in accordance with.

Stock trading is one illustration of this rule.

High-frequency trading, as well as other financial services, is hindered by the decline in the efficiency.

The industry will be unable to compete with high-frequency trading without speed.

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

London was unable to maintain its position as a viable competitor because of the anti-commerce rules. Industry representatives regularly warned of the massive cost to small and mid-sized firms.

Andrew Bailey, CEO of Financial Conduct Authority (FCA), envisioned "the future financial conduct regulation".

Bailey explained how the UK can be compared with other international authorities.

His vision for the future of regulation of financial conduct was to devise an "outcome-focused" and "lower burden" strategy.

Brexit gives the UK an opportunity to boost its financial strength and get free of EU restrictions.

These restrictions have hindered the earlier relaxed regulations in the UK. They also stop startups from expanding and becoming competitive on the global market.

Brexit is a positive move towards ensuring that tech hubs remain firmly ensconced within the blooming of its major urban centers.

As stated by Bailey, "left to our individual decisions… the UK regulatory system would develop in a slightly different manner."

There was serious concern about the UK's financial market
A competitive advantage, in terms of money, is having an edge over your competition by being skilled in your field of expertise.

In the wake of the regulation, the UK began to be worried that the capital's financial system was being destroyed.

They would therefore be less attractive for international investors, and companies would flee to Paris, Frankfurt, or Amsterdam.

The most feared thing in the UK was that the European Union would stop trading with the EU market.

Another reason to be concerned was that exports and imports will increase in cost.

Britain hopes to become the center of financial services in the world.

Post pandemic and mid Brexit Farnoush Farsiar believes in an optimistic future
Farnoush Farsiar was right to accurately predict the Brexit outcome.
The discourse on the British economy suggests that there is a light at the end.

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

https://mlt.bizdirlib.com/fr/company-all/company/71447 are in line with PwC's April 2016 estimates. They estimated that 100,000 financial jobs could be eliminated in the event that Britain decides to Leave.

Despite the fact that covid is a huge problem, Britain's stock exchange is rebounding.

Without the "EU restrictions" the UK is competitive with the world's largest companies and is open to more oversea companies.

The British stock market is attracting large corporations, which has helped maintain its status as a global market leader.

The European market is their sole real weak point in the sector of financial services.

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

Farnoush Farsiar was correct, and Brexit is a positive move for the financial sector. It allowed London to realize its full potential.