Follow Us

Follow us on Twitter  Follow us on LinkedIn
 

26 September 2019

Brexit Weekly




 

We have revised our approach to focus on the big themes for the next legislative period. We are targeting the interaction of the driving forces of politics and economics as they force the required changes in over-arching financial regulation. Details of these services are here

Interested in Continuing Professional Development (CPD)? Please click here for our CPD services

Articles 18 September 2019 - 26 September 2019

Brexit

The Guardian: Johnson's suspension of parliament unlawful, supreme court rules : The supreme court has ruled that Boris Johnson’s advice to the Queen that parliament should be prorogued for five weeks at the height of the Brexit crisis was unlawful. View Article
YouGov: By 49% to 30%, Britons agree with the Supreme Court’s ruling that proroguing Parliament was unlawful : 43% of Britons say that Prime Minister Boris Johnson should stand down. View Article
Financial Times: Labour backs off immediate no-confidence vote : Jeremy Corbyn confirmed his party would not seek a general election until a no-deal Brexit had been taken off the table.  View Article
Sky News: Jean-Claude Juncker: 'We can have a deal' and 'Brexit will happen' : The European Commission President said a no-deal Brexit would be "catastrophic" and he was doing "everything to get a deal". View Article
POLITICO: Michel Barnier: ‘No reason’ for optimism in Brexit talks : There is "no reason today for optimism" in the Brexit talks, the EU's chief Brexit negotiator Michel Barnier said, while warning that the next stage of negotiations after a UK departure from the EU would be even harder. View Article
The Guardian: UK told it must table proposals for Irish backstop by next week : The UK must table written proposals to solve the Irish border question over Brexit within the next week, Leo Varadkar and Donald Tusk have agreed. View Article
The Guardian: EU's chief negotiator calls Johnson's backstop solution 'unacceptable' : Michel Barnier poured scorn on PM’s Irish border proposal as it would not avoid customs and VAT checks post-Brexit. View Article
Financial Times: UK Brexit plans fail all basic backstop tests, warns EU : The EU has warned that the British government’s Brexit proposals fail to meet all of its basic tests for avoiding a hard border in Ireland and protecting the island’s economy, heightening the risk of the UK crashing out of the bloc without a deal on October 31. View Article
Financial Times: London slips further behind New York in financial centre rankings : London has slipped further behind New York in a ranking of the world’s financial centres, as extended uncertainty over Brexit and the City of London’s relationship with the EU has damaged the attractiveness of the UK capital. View Article
Financial Times: BlackRock executive warns Brexit will hinder global business model : Mark Wiedman, the BlackRock executive regarded as the top contender to succeed Larry Fink at the helm of the financial services group, has warned Brexit is causing big challenges for asset managers that operate on a global scale.  View Article
City AM: Big banks shift just 1,000 jobs since Brexit vote, EY reports : Just 1,000 jobs within the big banks have left the City since Brexit, a new report from EY has found. View Article
Financial Times: Trading costs rise after Switzerland’s loss of EU access rights : Switzerland’s loss of access rights to EU stock markets has concentrated trading in Zurich while raising costs for buying shares in smaller companies, according to research that sheds light on the potential consequences of Brexit. View Article
AFME Annual Review 2019 - Europe’s Capital Markets: The next phase and new challenges : AFME has engaged itself in the evolution of EU third country regimes, including for third country CCPs and investment firms. It is currently developing a paper on the EU’s equivalence framework and relationship with third countries in the context of Brexit.  View Article
Financial Times: EU foresees a US-UK axis after Brexit : The larger question for European governments is whether a post-Brexit UK will detach itself from Europe in matters of trade, business regulation and security in order to align itself more closely with its traditional US ally, warns the FT's Europe Editor Tony Barber. View Article
Financial Times: Donald Trump and Boris Johnson talk up trade deal potential : Donald Trump promised to deliver a “magnificent” US-UK trade deal after Brexit as he met Boris Johnson in New York on Tuesday, but there were signs the rhetoric was starting to run into political difficulty.  View Article
The Guardian: No-deal Brexit will cut 3% off UK economic growth, says OECD : A no-deal Brexit will slice almost 3% from the UK economic growth over the next three years compared with just 0.6% from the rest of the EU, according to the latest health check of the global economy by the Organisation for Economic Co-operation and Development. View Article
The Guardian: CBI downplays chances of second pre-Brexit deadline boost : The chances of a repeat of the pre-Brexit deadline boost to manufacturing have diminished following a downbeat survey from the CBI showing the bleakest outlook for industry in more than a decade. View Article
Financial Times: Record numbers of UK lawyers register in Ireland : UK law firms have ramped up preparation for Brexit by registering a record number of solicitors in Ireland but confusion remains about how many of them will be able to practise in Ireland and the wider EU after Britain leaves. View Article
The Guardian: UK regions most exposed to no-deal Brexit also most deprived, warns study : A health check of Britain’s manufacturers has shown that some of the most economically and socially deprived areas in UK are highly exposed to the impact of a no-deal Brexit. View Article
Tweets
Graham Bishop #FBPE retweeted
BBC Breaking News BBC Breaking News
@BBCBreaking
UK PM Boris Johnson's decision to suspend Parliament for five weeks was unlawful, Supreme Court rules bbc.in/2ljfDqV
 
Graham Bishop #FBPE retweeted
<a href=OECD ?? Better policies for better lives" /> OECD ?? Better policies for better lives
@OECD
Replying to @OECD
The OECD projects that the global #economy will grow by 2.9% in 2019 and 3% in 2020 - the weakest annual growth rates since the #FinancialCrisis. Read more in our latest Interim #EconomicOutlook ?? oe.cd/2HR pic.twitter.com/pUgp1Y0SUj
 
Graham Bishop #FBPE Graham Bishop #FBPE
@GrahamBishopcom
Just published my notes on the latest Brussels for Breakfast debate. We talked Brexit and the new equivalence regime, Green Finance, the new European Commission and crypto-currencies. Read it on the web!#brexit #equivalence #greenfinance #cryptocurrencies
 

About this email


If you do not wish to receive these e-mails, please click this link

If you wish to add a colleague, please inform: office@grahambishop.com

Euro Crisis Limited
PO Box 2002, Battle, East Sussex, TN33 0WL, UK
Tel:+44 (0)1424 777123 Email: info@grahambishop.com
(Registered in England and Wales No. 7984039)
 

© Copyright 2019 Graham Bishop


© Graham Bishop


< Next Previous >
Key
 Hover over the blue highlighted text to view the acronym meaning
Hover over these icons for more information



Add new comment