The City is widely expected to remain Europe’s Financial Capital following Brexit. But to retain its global leadership in Financial Services, the City needs to respond to the challenges of Brexit and play a role in setting the future direction of the financial industry.
In Parker Fitzgerald’s new report, Dr Gerard Lyons and Kuangyi Wei argue that a forward-looking agenda should highlight the City’s prominence as a ‘symbiotic’ FinTech centre and its impact on global banks’ business models and risk agenda. We suggest that non-financial risks, including cyber security, technology risk, data privacy and digital conduct, will rise to the fore.
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