View Single Post
  #5271  
Old 13.09.2016, 16:50
marton's Avatar
marton marton is offline
Forum Legend
 
Join Date: May 2008
Location: Kt. Zürich
Posts: 10,687
Groaned at 356 Times in 307 Posts
Thanked 14,051 Times in 7,731 Posts
marton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond repute
Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

Quote:
View Post
Her team is finding ways to minimise risk and maximise opportunities. I'm talking about biding her time before showing her hand. There is little to lose with this strategy as until Art. 50 is invoked the status quo will continue.
Sadly it is not a status quo; it is a time of uncertainty and organisations will move to minimise uncertainty and remove any perceived risks.
May is in a very difficult situation and I do not envy her; possibly the toughest task for an English PM since Winston Churchill!

Example, "The Zurich-based SIX Swiss Exchange confirmed to swissinfo.ch that it had been in talks with Germany’s Federal Financial Supervisory Authority (BaFin) and a number of other national authorities following the UK’s June referendum to leave the EU.

“We are approaching the regulators in order to guarantee equivalence for our business,” said Stephan Meier, head of SIX’s media relations, confirming an earlier report in the Financial Times.

Meier said it was hard to say how long the talks would take as there is a great deal of uncertainty.
“We don’t know how the situation will evolve and what kind of agreement the UK will reach with the EU. It’s too early to predict,” he said.
Reply With Quote