Noyer on Paris as Post-Brexit Alternative to London

The video features a discussion with a special envoy for Brexit from France, focusing on the implications of Brexit for financial institutions and the potential relocation of activities from London to other European cities, particularly Paris. The speaker highlights Paris as a viable financial hub due to its size, talent pool, and tax incentives. The discussion also covers the economic impact of Brexit on the UK and France, the importance of financial stability, and the role of clearing processes in the eurozone.

What was the primary task assigned to the speaker after the Brexit referendum?

• To establish a new financial hub in London

• To negotiate trade deals with the UK

• To analyze the consequences of Brexit and strategize for financial institutions

• To relocate French citizens from the UK

Why is Paris considered an attractive option for financial institutions post-Brexit?

• It has a larger population than London

• It is closer to the UK geographically

• It offers a similar range of financial activities as London

• It has lower living costs than Dublin

What tax reform has France implemented to attract financial institutions?

• New taxes on digital services

• Higher corporate tax rates

• Enhanced income tax regime for people coming to France

• Increased taxes on foreign investments

What is a significant concern for the UK and Europe regarding Brexit?

• The impact on tourism

• The future of the automotive industry

• The financial stability of the eurozone

• The cultural exchange programs

What is the speaker's view on the financial stability of Europe post-Brexit?

• It will be severely impacted

• It will improve significantly

• It will remain stable due to strong financial actors in Paris

• It will depend entirely on the UK's decisions

What is the role of clearing operations in the context of Brexit?

• To regulate immigration policies

• To manage trade agreements

• To ensure financial stability within the eurozone

• To facilitate tourism between the UK and Europe

What stance have the French and other European governments taken regarding clearing operations?

• They should remain in London

• They should be supervised by eurozone authorities

• They should be abolished

• They should be entirely moved to New York