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Over 100 London investment firms get EU licences for Brexit hubs - regulator
reuters.com ^ | September 5, 2019 | Huw Jones

Posted on 09/05/2019 11:21:38 AM PDT by Berlin_Freeper

More than one hundred asset managers, trading platforms and investment firms in London have so far obtained licences to run new hubs in the European Union after Brexit, a top EU regulator said on Thursday.

Licences are granted by national regulators but the European Securities and Markets Authority (ESMA) ensures they don’t offer sweeteners to UK-based firms that want a base to serve EU clients after Britain leaves the bloc, currently scheduled for Oct. 31.

“We have seen significant movement of activity from the UK to the EU27. The number of authorisations is above 100,” ESMA Chair Steven Maijoor told Reuters during a visit to London.

(Excerpt) Read more at reuters.com ...


TOPICS: United Kingdom
KEYWORDS: brexit; eu

1 posted on 09/05/2019 11:21:38 AM PDT by Berlin_Freeper
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To: Berlin_Freeper

So are they going to live in England or in the EU?


2 posted on 09/05/2019 11:42:32 AM PDT by McGavin999
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To: McGavin999

For the past year I have had a ton of customers streaming to set up branches and then shifting most of the capital and jobs to different countries.

The key people have also gotten dual citizenships or resident cards and will move. A vast number of them are moving close by, to Dublin or cork or Amsterdam


3 posted on 09/05/2019 11:53:27 AM PDT by Cronos (Re-elect President Trump 2020!)
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To: Cronos

If they are that weak then Britain is better off without them. I can remember when Brits were some of the finest, toughest people on the planet. It’s good that these people are identifying themselves. There should be no such thing as duel citizenship.

When the US required people or give up their citizenship in other countries before they became a citizen of the auS we had people who were actually proud to be American , not just better off financially.


4 posted on 09/05/2019 12:37:09 PM PDT by McGavin999
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To: McGavin999

When was it when you remember them to be the toughest people on the planet? World war two?


5 posted on 09/05/2019 12:44:13 PM PDT by Cronos (Re-elect President Trump 2020!)
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To: Cronos

Spanish Armada ;)


6 posted on 09/05/2019 1:13:10 PM PDT by Marchmain (peace...pax)
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To: Marchmain

Nobody expects the Spanish Armada!


7 posted on 09/05/2019 1:14:23 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: Cronos

Yes, bombs falling everywhere and they went to work. They were all “stiff upper lip” and “carry on”.

I don’t know what happened to them.


8 posted on 09/05/2019 1:45:40 PM PDT by McGavin999
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To: McGavin999

They passed away. That was 80 years ago. The world has changed


9 posted on 09/05/2019 1:55:17 PM PDT by Cronos (Re-elect President Trump 2020!)
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To: Cronos

I know. Sad


10 posted on 09/05/2019 2:14:31 PM PDT by McGavin999
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To: McGavin999

I lived in the UK from 2000 to 2005. The first time I set foot there I was a convinced Anglophile and a massive Biggles, William (Richmal Crompton), PG Wodehouse and Enid Blyton fan and believed the country would be Agatha Christie-like.

i was disappointed.

There are classy places and classy people, but as an average they junked their culture and took on inner-city American culture.

There are exceptions yes, but they are shrinking.

The talk about Muslims overrunning the place is not quite true but what did happen is that the 60s was a time that the UK (and the US to an extent) started hating its own culture and junking it. Thanks to the Baby boomer 60s generation, British society and religion was destroyed.

But nature abhors a vacuum — Muslims came with their religion and would have been absorbed IF there was a strong culture. But there wasn’t.

it’s been gone for 50 years.


11 posted on 09/06/2019 1:35:55 AM PDT by Cronos (Re-elect President Trump 2020!)
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