The City post-Brexit: A discussion about the Square Mile’s future in Global Britain
This discussion focuses on the Treasury’s strategy paper on MIFID2, the proposed review of the prospectus regime, the post-Hill Review and the latest Treasury paper on Solvency2.
Also on how and whether the UK should open up more to cryptos in the wake of the crackdown on Binance, and thoughts on what we could/should do to reinvigorate securitization.
While the panel didn’t agree on everything, there was a sense that the City was ‘getting back to normal’, and starting to find ways around some of the post-Brexit problems, and that, just maybe, we could risk a more radical approach to regulatory reform. Watch the full CSFI debate here.
Moderator: Andrew Hilton (Director, CSFI)
Barney Reynolds is global head of the financial services industry group at Shearman & Sterling. He has written extensively on Brexit. and on the post-Brexit regulatory regime – including, in February, a paper on Restoring UK Law: Freeing the UK’s global financial market.
Michael Wainwright is a partner in Dentons’s London-based financial services practise, specialising in retail financial services law. He was previously a partner at Eversheds.
James Sproule has been chief economist at Handelsbanken since May 2020. Before that, he spent a year in Downing St as senior adviser to the PM. Previously, he was a senior fellow at the Legatum Institute and chief economist at the Institute of Directors. Before he went into the City, he spent several years in the Navy.