Latest Brexit News: Finextra Research

Company update/Brexit

Free trade deal with Europe would take longer than two years to negotiate

The House of Lords EU Internal Market and External Affairs Sub-Committees have today published a report on frameworks for UK-EU trade following June’s referendum.

13 December 2016

Company update/Brexit

Bank of Lithuania promises fastest financial institution license for FinTech companies in EU

The Central Bank of Lithuania has made an unprecedented promise to FinTech companies by announcing it will provide preliminary answers to financial institution licence enquiries within one week, the fastest turnaround in the EU.

06 December 2016

News/Brexit

Lithuania makes a pitch for post-Brexit UK fintech firms

Lithuania is looking to become the destination of choice for UK fintech firms seeking EU passporting rights in post-Brexit Britain.

02 December 2016

News/Brexit

A third of London's City workers could face relocation in wake of Brexit - survey

Almost one in three workers in London face an uncertain future over their employer's plans to relocate the business.

25 November 2016

News/Brexit

Swiss government looks to ease rules for fintechs

A division of the Swiss government has called for an easing of regulations for fintech firms in favour of a more forward-thinking approach, including a special 'fintech' license.

25 November 2016

Finextra TV/Brexit

Next wave of robo will be active

Jonathan Charley, Deputy General Manager, FS EMEA, SAP, talks about the drivers for the rise of robo advisors, how these businesses are likely to evolve, and how traditional wealth providers should be responding.

22 November 2016

Finextra TV/Brexit

Fintech solving fundamental problem

Vikas Raj, Managing Director, Venture Lab, Accion, discusses innovations in emerging markets around the use of alternative and new data for credit scoring, and explores the role of fintechs in solving the ‘information asymmetry’ problem that leaves some 3 billion individuals and small businesses around the world without the financial services they need, by giving incumbent banks the data and infrastructure to serve these segments better.

21 November 2016

Finextra TV/Brexit

The race is on for PSD2 success

Anders Olofsson, Sales & Account Executive and Mikael Lindh, Head of Sales EMEA, Payment Solutions, D+H, talk about the growing demand among corporates for real-time payments and the emerging strategies of banks for PSD2, where some are focused on partnering with fintechs and others building inhouse, and some are emphasising compliance while others major on the business opportunities of open banking and open APIs

17 November 2016

News/Brexit

Brexit depression casts dark cloud over UK fintech investment

The depressing Brexit effect on UK fintech investment is starkly illustrated in Q3 figures prepared for Innovate Finance which show a 26% drop in funding for British startups.

16 November 2016

News/Brexit

London-Shanghai Stock Connect gets green light; fintech bridge to China agreed

Plans for London-Shanghai Stock Connect have been greenlighted by the British Government as the country looks to expand global trade ties in a post-Brexit world.

11 November 2016

News/Brexit

Brexit poll paints confused picture for London's prospects

As if to prove that the UK's banks are as clueless as the Government over the impact of Brexit on financial services, a new poll finds that while three quarters believe that London will remain the financial centre of Europe in five years time, 55% have set up Steering Committees to draw up relocation plans and contemplate their options in the event of British exile.

02 November 2016

Company update/Brexit

City of London proposes regional visa for EU workers

This report has been commissioned by the City of London Corporation to explore the possibility of creating a 'regional visa' for all non UK nationals seeking to live and work in the UK.

21 October 2016

News/Brexit

LMAX to move regulatory oversight to Ireland in the absence of passporting deal

FCA regulated FX trading venue LMAX Exchange has warned that it will switch regulatory oversight to Ireland unless the British government preserves the EU single market passporting rights for the financial services industry.

19 October 2016

News/Brexit

Paris urges City staff to 'join the frogs'

Parisian business district La Defense has launched a major advertising campaign across prominent locations in the heart of London urging Brexit-battered City workers to move to France.

18 October 2016

News/Brexit

Brexit jitters hit Misys IPO

The forthcoming IPO of UK-based core banking supplier Misys is running into strong Brexit headwinds as its equity backers prepare to shear £1 billion off the anticipated value of the firm in response to volatile trading conditions.

17 October 2016

Finextra TV/Brexit

Are you ready for the bumpy road of Brexit?

Phil Hussey, Vice President - Industry Strategic Services, UK and Ireland, IBM outlines the impact of a potential Brexit on financial services and how firms should be preparing.

10 October 2016

News/Brexit

Robots blamed for sterling flash crash

Robot traders are being blamed for a currency rout which saw the pound plunge by six percent in just two minutes in early Asian trading Friday.

07 October 2016

News/Brexit

Hard Brexit will have a crushing impact on UK tax take and jobs warns City lobby

The UK stands to lose £10 billion in tax revenue and 70,000 financial sector jobs if the Government goes ahead with plans for a full-scale divorce from the European Union.

05 October 2016

Finextra TV/Brexit

Banks must understand different Brexit scenarios

Balazs Fejes, Co-Head Global Business, EPAM, speaks about how Brexit could impact bank business models and technology infrastructure.

04 October 2016

Company update/Brexit

Moneycorp H1 lifted by referendum run-in

Moneycorp, the foreign exchange and international payments specialist, has reported a strong half year financial performance in the run up to the EU Referendum.

29 September 2016