Central Bank galore today 08.02.2018 , they all have something very important to say 😉

–         The UK And EU Going Separate Ways Will Be A Tremendous Loss For Both Sides
–         Still At Least A 50% Chance Of Avoiding A “No Deal” Brexit Scenario
–         A Sufficient Brexit Transition Period Is Not Assured At The Moment
–         Skeptical As To Whether A Mutual Recognition Framework Is Actually Possible
–         Skeptical As To Whether The Mutual Recognition Framework Proposed By UK Finance Is Actually 100% Feasible
–         A Deal On The Transition Phase Hinges On An Agreement On The Overall Future Relationship
–         Cautiously Optimistic That A Transition Phase Can Be Agreed Upon
–         Financial Institutions Should Not Fall Prey To A False Sense Of Certainty That There Will Be An Agreement And That They Will Have Sufficient Time Left To Adapt To The New Framework
–         We Will Certainly Not Accept Empty Shells Or “Letterbox Companies” Where The Business Effectively Continues To Be Run From London
–         For Critical Functions Such As Management, Controlling And Compliance, Qualified Personnel Need To Be Present At The EU Entity At All Times
–         In The Context Of Brexit, We Are Looking At More Than 100 Financial Institutions Currently Operating Out Of The UK That Potentially Need A New Or Modified License In The EU
–         I Strongly Advise Banks Not To Slow Down In Their Preparatory Efforts Because Of A Vague Possibility Of A Transitional Period
–         Financial Institutions That Do Not Complete Their Brexit Contingency Plans And Start Implementing Them By March This Year Risk Being Left High And Dry By Brexit One Year Later



Fundamentalist market maker, turned all round market taker.
Philosophy: “Cycling is good for your health, overtrading is bad”

Read how Koen got into trading here

Latest posts by K-man (see all)

Pin It on Pinterest