Brexit: What Does It Mean for London Bankers?

Brexit: What Does It Mean for London Bankers?

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the uncertainty surrounding Brexit and its implications for UK banks, particularly focusing on the EU passport system and its significance. It explores the potential loss of passporting rights, the debate over euro clearing houses, and the legal and business adaptations that may be required. The discussion includes the possibility of adopting the Norwegian model and the impact of new EU directives.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential ramifications of Brexit for employees of big banks in London?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the implications of the FCA's stance on UK EU laws post-Brexit.

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

Explain the significance of the passport in the context of Brexit and financial services.

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How might the loss of the passport affect banks established in the UK?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the possible outcomes if the UK adopts the Norwegian model after Brexit?

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