Asset management is a key focal point and discipline within the Financial Services market.
The dedicated management of a client’s assets and cash has changed significantly over the past years in the UK, with tighter sanctions from the FCA coupled with the news that the UK will be leaving the EU.
An irony resulting from the perceived panic about Brexit is that, according to a variety of sources, the financial services market in London is in fact likely to grow. A salad of articles citing businesses such as PwC, CityUK and even the maligned and admittedly inconsistent Mark Carney, governor of the BoE, has stated that, with the right structure, the “City” could grow exponentially in the next quarter of a century.
Sunny moved over from Australia to study and qualify in the UK. Although still early on in her career, she has achieved so much, both academically and in her role. With recent changes in Australian competition law she has decided to begin her new chapter in Sydney, with some help from Sophie Burns and the City practice team.
Courtney is an Australian qualified associate who moved to London last March; she has recently been placed into a central government role by Jo Dickson, a specialist in recruiting legal roles for the central government. Here is Courtney’s experience moving to London and some tips on making the big move!
Whilst the UK has its own established competition law, it is closely modelled on EU law, which ultimately takes precedence. It should be noted that post Brexit, EU competition rules will continue to apply to both agreements and the conduct of UK businesses that have an effect within the EU, just as the conduct of US and Asian businesses do. But has this affected the recruitment of competition associates?
Doubts over job security, concerns about long-term career prospects, and worries about stymied growth. Research published last week by Badenoch & Clark revealed the severe impact of the Brexit vote on employee confidence. Read more>