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Who benefits from this are UK banks and ultra wealthy that don’t want to follow incoming EU regulations on money laundering and tax avoidance that were a reacti
by dsomers 5y ago
Who benefits from this are UK banks and ultra wealthy that don’t want to follow incoming EU regulations on money laundering and tax avoidance that were a reaction the The Panama Papers leak.
- BartekG 5y agoWhat are the benefits for UK banks? As far as I know they are moving jobs to EU. How is that a benefit for them and not a cost and complication?
- eptcyka 5y agoMoving some jobs to deal with the complication is far better than losing out on dirty money.
- miohtama 5y agoWe can get back to the good old business without disruptions, as pro-business MPs can make the UK regulators teethless https://www.theguardian.com/news/2018/may/25/how-britain-let-russia-hide-its-dirty-money https://www.theguardian.com/news/2018/may/25/how-britain-let...
- pharmakom 5y agoNot banks. Hedge funds.