Britain says fintech contributes $9 billion to the economy, provides 60,000 jobs and will continue to be a priority.
When we formally leave the EU, the latter banner will be replaced with the Flag of the Commonwealth of Nations. I thought it might therefore be appropriate to delve a little deeper into this Commonwealth.
If Brexit happens with little provision for London's financial services, banks, funds and insurers in London will lose their ability to sell many of their services to European companies.
In the event of a 'hard Brexit' scenario, financial services companies would lose the prerogative of operating under one rulebook, and potentially have to comply with 28 countries, Mahmud warns.