Marcus Killick focusses on the emerging threat to International Finance Centres from a new group of individuals with socialist ideals. While previous concerns about transparency, money laundering, and inadequate regulation have been addressed, the battle now shifts to an ideological conflict.
The rise of left-wing leaders like Jeremy Corbyn and the impact of their economic policies, known as “Corbynomics” are explored, whilst touching upon the “none of the above” sentiment among the British voting public, which includes individuals weary of austerity measures.
Read the article: An Old Foe Returns – The Threat to International Finance Centres
(Article first published in the IFC Economic Report, 2016.)
Any views and opinions presented in this article belong to their author and do not necessarily mirror those of ISOLAS LLP. Due to the rapidly evolving nature of legislation, the content provided should not be taken as legal advice. ISOLAS LLP does not accept any responsibility or liability for the accuracy, content, completeness, legality, or reliability of the information.