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Advice for London Bankers in No-Deal Brexit: Refundable Tickets

From bnnbloomberg.ca

Even one-day work assignments to the European Union are emerging as a source of worry for London-based financial professionals. U.K. bankers, like many others, will face restrictions on journeys of just a few hours to the EU if Britain crashes out of the bloc on Oct. 31. Companies could face fines and other penalties if they’re caught with employees who lack permits for paid work; employees could even be stopped at the border. “This is going to be a live issue for financial services because of travel between hubs,” Seema Farazi, partner and head of financial-services immigration at the consulting firm EY, said in ... (full story)

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  • Category: Fundamental Analysis