Tag: EU

The UK has officially left the EU. Now, a huge European FinTech company has pulled the plug on its British operations.

For the past 47 years, the UK has been able to influence EU legislation. Now, less than a week after Brexit, Brussels are looking to tear up the concessions made to Britain about its financial reporting.

Lawmakers have hurled a smattering of new regulations against the financial industry over the last decade, forcing them to up their reporting efforts or risk facing fines and other sanctions.

After New Year’s Eve, Britain can arguably create its own rules for the financial sector. One executive is now saying this is an opportunity too good to miss.

Just days after the UK officially left the EU, one of the country’s FinTech firms was granted a €20m loan from the European Investment Bank (EIB).

The European Securities and Markets Authority (ESMA) has launched a consultation on new reporting requirements from third-country firms to ESMA.

With unicorn alumni like Monzo, Improbable, Bulb and Bloom & Wild, Tech Nation’s Upscale accelerator programme has an impressive track record.

Despite the withdrawal agreement having passed through parliament this week, a top UK financial watchdog is warning firms against resting on their laurels to prepare for Brexit.

Britain is officially leaving the EU on January 31. The question is if the UK’s FinTech scene is ready.

Signing a great trade deal with the EU after Brexit might be trickier for Boris Johnson than he lets on.