Cameroni

No he doesnt't! Not the real Batman of Neal Adams anyway. Of course after the Brits turned Batman into a horror comic, who knows what happened, he became sick and degenerate.

Oh yes, previous attempts to take on London as a financial centre were half-hearted and amateurish, weak even. They failed because they were sabotaged by German and French banks. It would need strong leadership to push through the required legal changes that would force German and French banks to do business in the EU rather than the UK. It could be done.

It has nothing to do with broadmindedness in Frankfurt or Paris. It's just that German and French banks are used to doing business in London, and to force them not do it, would require a Trump and neither Germany nor France have one. Yet.

With settlements now a very moderate deal was reached, the EU only requires a modest percentage of settlements to be made in the EU. However, the EU could have mandated a far greater precentage of settlements has to be made in the EU. That would have substantially reduced the business the City does in terms of settlements. US banks located in London would have had to use EU clearing houses, they'd have had no choice. So the major UK clearing houses would not have had that business anymore. It would not have applied "equally" to the US sector, because US clearing houses in the US would not have been affected, only the UK's clearing houses would have. Could some US banks in the UK have decided the extra cost of Frankfurt clearing houses would make them cease operations in Europe alltogether, yes, but extremely unlikely. They'd just have paid the Frankfurt fees for settlements. This is what I mean, this would have benefitted Frankfurt as a financial centre. Equally with foreign exchange business btw, the EU could mandate a few things and that business would migrate from London to Frankfurt or Paris, because it would have to due to new regulations.

How old is she, how old are you? It sounds as if the dogs are your way to keep attached to her. You should get rid of the dogs, try and sell them and if that fails give them to a dog charity. Then the hard process of rebuilding your life begins. Make sure you give nothing more to her, obviously ensure she cannot access your bank accounts or has anything else that can cause you issues. It's really not worth sacrificing your life for a pack of dogs, btw, just as she isn't worth it.

Well, yes, because the EU is not putting in regulations that make London unviable as a financial market place. But they could do so at any time should they so wish.

Well, let's think about this, the US institutions prefer London due to language. However, if they had to follow regulations that make their business in London impossible or too expensive, would they relocate to Paris or Frankfurt or just go back to New York? Probably Frankfurt or Paris. New York has already won really, it's purely a battle for second place. Perhaps the bigger challengers will not be Frankfurt or Paris, but Hong Kong, Dubai or Singapore.

No, actually it's habeas corpus without the inverted commas.

Who has internet in a cave?

The Franco German competition certainly helped the UK with settlements, but there hasn't really been a proper drive to attack the City, not with amateurish campaigns to entice banks away, but a proper drive to establish regulations that would destroy most of the City's business, which actually heavily depends on access to the EU. Back in the days before Brexit there was certainly a lot of fear of losing passporting rights. 'Significant' risk to UK firms if passporting rights lost after Brexit https://www.theguardian.com/politics/2016/sep/20/passporting-rights-brexit-uk-firms-fca-eu But again the EU showed leniency. Nevetheless, even without any concerted European effort Brexit has taken its toll. Amsterdam has now overtaken London as the largest share trading centre. IPO listings in the UK are down. However, none of the European competitors can offer a volume like London, so none are serious competitors for IPOs. https://www.nytimes.com/2024/05/28/business/london-financial-center-ipo-europe.html Expertise, yes, there is no doubt the City has far greater expertise than Frankfurt, Paris or Amsterdam combined, one need only look at the failures of the German regulators in recent history. And people do prefer London to Frankfurt and Paris for various reasons. Only some pockets like London. Go to Harlow and you'll think you're in a dystopian Horror movie. Yes, but a weakening of the City need not mean it does no business at all, just less than Frankfurt. Besides the UK has pharma and many other sectors that are still employing fair numbers. Well, we see in the US that such losses can be born, especially by larg markets like the EU and the US. Neither really need the UK all that much.

It's illegal for a Farang to be a hermit, how would you file the TM30? Do reporting? Plus you need money to sustain yourself, you're not going to make squat by meditating.

No, I but I was there recently.

We pray thee Lord arise And come in thy great might Let not the whores offend our eyes For they are not a pretty sight Men scorn your sacred name And pay them, yet they be cold These women have no shame Oh Lord, front and back they sold Wilt thou protect us over time From the Zealots old in age To post here is no crime All the world's a stage Thy kingdom come, O God, thy rule, O Christ, begin; break with thine iron rod the tyrannies of sin. Where is thy reign of peace and purity and love? When shall all hatred cease, as in the realms above? They kingdom come, O Lord. Amen

They made a whore out of Lisa. So sad. She needs a new fashion advisor.

I sent money from Europe at 9 am on a Monday and it did appear until 4 pm on Tuesday. Not impressed.

Your mistake was to consult AI when you should have consulted real quality medical advice such as Youtube. Knees over Toes guy will have you sorted in 3 months.

That's great, got a visitor coming. They'll be pleased

This has not happened yet?

I was in Pattaya recently, and it's absolutely teeming with Russians. Russian families, Russian single guys, Russian prostitutes, even the stores have signs in Cyrillic. It looks like Russians have taken over Pattaya.

The EU could have taken away most of the City of London's business, had it wanted to do so. Clearly it would be in Frankfurt's interest to establish itself above the City of London as Europe's main financial market place. The UK looks more and more like a failed state anyway, but the loss of the financial services sector would not be mortal, the UK has pharma and many other sectors still for a prolonged decrepit decline. The UK's decline would not affect the EU all that much. The EU could regulate away a lot of the City's business, and they can still do so in the future, if they ever decide to do it.

Indeed. It looks like the German regulators' abysmal past performance scared off the French, quite rightly. But the biggest reason appears to have been that neither the French nor the German banks wanted to stop using UK clearing houses, ostensibly due to cost, but those banks are so intertwined with London, many of their main personnell would have worked in London, that they saw no point in castrating the City. It would have required someone like Trump, to push through the reform required, or else the interested parties water down the intended policies to suit themselves. Of course the EU can always pull the trigger on this in the future, and in any event settlement is not the only City of London slice of business the EU could take. People who say regulation doesn't matter, don't know the history of the Eurobond. It matters a lot.

Brioni. The man has style on top. I normally wear Canali, but Brioni is almost as good.

Never mind the bullet. Check out that suit!

Looks like it was France that saved the City of London, as they feared Germany more than the UK: "The EU could have used its regulatory powers to shift the business inside its own borders, and kill a lucrative chunk of the City’s business. London’s rivals hoped that, once ‘clearing’ moved to a different city, there would be a powerful incentive for banks and brokers to follow suit. As it turns out, however, while some trades will have to be transferred to EU clearing houses, the bulk of them will be allowed to stay in London. The French, somewhat unexpectedly, sided with the UK because they were worried that, if the business moved, it would go to Frankfurt rather than Paris. That would make the German city, already home to the European Central Bank, the key hub for the whole of the continent. It turns out that France may well fear Germany more than it hates Brexit: even helping the British was better than allowing its neighbour to claim power over the bloc’s clearing houses. " https://www.spectator.co.uk/article/the-city-of-london-has-france-to-thank-for-its-brexit-win/

Europe, following Brexit, could have completely destroyed the City of London as a viable financial market place, but instead showed major leniency, allowing equivalence of rules to prevail. Why Frankfurt and Paris did not take the chance to destroy London as a competitor is a mystery.