Following my well-received blog about the ACPR’s approach to UK payment/e-money institutions applying for authorisation in France as part of their Brexit strategy, it was almost obvious that I should follow this up with consideration of near-neighbours Belgium.
For some, Brexit may still seem like something out of a fairy tale but, whether you are for or against, it will become a reality next March 2019.
London is the second largest financial centre in the world and financial services is the largest industry in the UK, therefore it is logical to expect the financial services industry to be high on the negotiation table for BREXIT.
Many surveys, and there have been a lot recently, try to indicate which city or country is a leading FinTech hub. Time and again New York, London and San Francisco come out on or close to the top. But what impact will will the Brexit decision have on the UK's standing? Will we see it plummet down these league tables? Read on to see my view!