Briefing

Post-Brexit Mutual Free Movement is Becoming ‘Critical’

Categories: Briefing, Cover Story

It is becoming increasingly clear that the UK and the EU must strike a post-Brexit mutual free movement of people agreement if they are both to economically thrive over the next decade and beyond, affirms one of the world’s largest independent financial advisory, asset management and fintech organisations.

This is the call-to-action assessment from James Green, deVere Group’s Investment Director, as Nigel Farage, one of the biggest, highest-profile advocates of Britain’s departure from the European Union, believes “Brexit has failed.”

It also follows British Home Secretary Suella Braverman addressing labour market shortages in industries such as horticulture in a speech this week, while many senior Conservatives now believe more immigration is needed to boost economic growth.

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Vilnius Recognized for Best FDI

Categories: Briefing, FDI

Vilnius, the Capital of Lithuania, has placed second among the top Mid-Sized European Cities of the Future by the fDi Intelligence ranking. The city’s strategy to attract foreign investments was also recognized as the best in the category, reflecting the capital’s consistent efforts in fostering a business-conducive environment.

February 17, 2022. Vilnius has secured the second spot among the Mid-Sized European Cities of the Future category in the European Cities and Regions of the Future ranking by fDi Intelligence, a specialist division of the Financial Times. Additionally, the city’s strategy was named the best in the category for the first time, allowing the city to climb higher in other sub-categories compared to results from 2020, demonstrating consistent growth.

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Summit Talk Helps Calm Financial Markets

Categories: Briefing

A moment of calm has descended on financial markets with the prospect of a summit to address the escalating Ukraine situation offering some relief to investors with the FTSE 100 edging up in early trade. The US markets are closed due to President’s Day in the US, but it’s the actions of Presidents in the US, France and Russia which seem set to determine sentiment among investors in the days to come.

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The Time Is Right To Bolster Investment

Categories: Briefing

Stock markets are likely to stabilise in the coming weeks and investors should be seeking to build their wealth now with currently undervalued equities, affirms the CEO of a global game-changing financial advisory, asset management and fintech organisation.

The comments from Nigel Green, chief executive and founder of deVere Group, which has $12bn under advice, come after most major markets have experienced two consecutive weeks of turbulence.

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We’ve Now Left The EU, But Have You Read The Small Print?

Categories: Briefing

Leading UK anti-money laundering (AML) firm SmartSearch is warning businesses against ignoring European Union money laundering directives, following the UK’s departure from the EU at the start of the year.

The RegTech 100 firm, which operates globally, said that despite Brexit, the EU-wide money laundering directives have been written into UK law and still need to be adhered to. Otherwise, businesses will be exposed to enforcement action from the Financial Conduct Authority (FCA).

In addition, as part of the legislation governing the departure from the trading bloc, the UK government has stipulated that electronic verification should be used, enabling businesses to move away from manual, document-based checks.

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