One Less Concern For Remainers ?

[kaiser78]

British banks could still thrive in Europe thanks to loophole | This is Money

[FatLazyContractor]

Even Suity can write something about the economy on dailymail and get followers.

[CretinWatcher]

Let's hope something works. Whether you hate bankers or not, the fact remains that London, and particularly the City, generates 25% of total British GDP.
Anything that fooks financial services means, given industrial weakness, that the country as a whole is fooked.

[SueEllen]

I've heard from a few financial advisers never to follow the financial advice given in the Mail as it's frequently incorrect.

[kaiser78]

Even Suity can write something about the economy on dailymail and get followers.

It was in a number of papers yesterday, not just the mail.

[GB9]

I've heard from a few financial advisers never to follow the financial advice given in the Mail as it's frequently incorrect.

Never follow any financial advice in any newspaper. They won't be there when it goes pear shaped.

[kaiser78]

Never follow any financial advice in any newspaper. They won't be there when it goes pear shaped.

I am going to follow this one closely because when Mifid2 is introduced later this year (I think it is) this loophold will become policy and therefore will give the UK banks the passport equivalent they need, which Remainers are fretting about left right and centre.

Watch this space...

[CretinWatcher]

I am going to follow this one closely because when Mifid2 is introduced later this year (I think it is) this loophold will become policy and therefore will give the UK banks the passport equivalent they need, which Remainers are fretting about left right and centre.

Watch this space...

Mifid2 isn't exactly equivalent to passport rights though, is it? It only covers certain narrow areas, from the liitle I know, admittedly.

[BlasterBates]

Right and there will be no problem with this loophole:

HMRC Scheme Enquiries

[kaiser78]

Mifid2 isn't exactly equivalent to passport rights though, is it? It only covers certain narrow areas, from the liitle I know, admittedly.

I don't know too much on this either, but on a serious note, if the article is true it will alleviate one of the major worry beads of the Remain supporters.