The Government has been asked to ease visa requirements by the financial services sector.
In Brief:
TheCityUK, City of London Corporation and EY have released a Global Talent Mobility report.
It sets out ways to overcome the challenges faced by banks, FinTechs and insurers.
One recommendation if for a short-term business visa for staff in the sector.
What does this mean?
Miles Celic, CEO of TheCityUK, says that without support that cuts down the red tape for visa requirements, “we will not be able to innovate in key growth areas like FinTech or green finance, nor build out our international trading networks”.