Brexit and UK share-brokers
- Thread starter LoveTrees
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Gordon Gekko
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Unless someone has physically gone to the UK to open an account with a broker there, they should be fine.
UK-branded brokers such as Barclays were tended to operate as branches of UK-based entitities, but now because of Brexit, they’ve incorporated full Irish subsidiaries to ‘Brexit-proof’ themselves.
UK-branded brokers such as Barclays were tended to operate as branches of UK-based entitities, but now because of Brexit, they’ve incorporated full Irish subsidiaries to ‘Brexit-proof’ themselves.
@Gordon Gekko what about ii.co.uk please? They have done the opposite. They had ii in Ireland that closed down and everything got moved to ii.co.uk 
Could Boris Johnson confiscate our shares at UK Brokers?
There's no way assets would be confiscated. The worst outcome would be that there isn't mutual recognition of services so a UK broker would have to ask you to leave as a customer and move your business elsewhere. But as stated, it is likely the larger ones have built an EU regulated entity somewhere so more likely is that they switch you to a different entity in the group
Thank you very much @EmmDee
I watched BJ's face in the news last night and the anger in his face was so visible in my opinion
Think that's more to do with chickens coming home to roost.
He can be as angry as he wants - but even if there was a completely acrimonious split at the end of the year, there is no way UK would appropriate foreign assets - that would literally be Venezuela / post WW2 Soviet type of action. Not exactly a route any UK government would take - even the old "loony left" of the Labour party were proposing something like that