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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 reaction the The Panama Papers leak.



What 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?


We 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...


Moving some jobs to deal with the complication is far better than losing out on dirty money.


Not banks. Hedge funds.




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