Lobbying tips for a post-Brexit world

Author: Lizzie Meager | Published: 1 Sep 2016

It's lobby or leave for London's 350,000+ financial services employeesBritain’s vote to leave the EU in June has presented a unique opportunity to reshape legislation in the country. And with some in the market saying it’s either lobby or leave for the City’s bankers, and a long line of rival continental cities queuing up to welcome them, it’s incumbent on the industry itself to make sure its demands are heard.
Today bankers in Britain spend an estimated €34 million ($37.8 million) per year lobbying the EU, with considerable success. Focal points in the past have been the Banking Union, the EU’s capital markets’ union and the Transatlantic Trade and Investment Partnership (TTIP). Hedge funds are among the groups reportedly gearing up to push for consistency in regulation, and guaranteed visa rights for EU employees, but equivalent taskforces are said to be springing up across the Square Mile at a pace....