Fintech Sector Needs Brexit Lift, U.K. Government Warned
- Firms need easier access to stock market, according to report
- Government asked Kalifa for ways to remove industry obstacles
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The U.K. should overhaul its stock listing rules and visa requirements to help the country’s fast-growing fintech industry compete after Brexit, a government-backed review has found.
The report, led by former Worldpay boss Ron Kalifa, warned that Britain’s departure from the European Union gave Paris, Berlin and other cities “a window to capitalize on uncertain messaging” around immigration and other regulatory changes.