That Japan releases list of Brexit warnings from its business just before G20 is highly significant -
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this is first detailed account of what businesses, massive investors in UK, feel they can stomach, in or out of single market
- We knew about financial passport issue, we did not know that Japanese banks had made a clear statement via govt they might "relocate"...
- Japan's banks also calling for some sort of transition scheme or inheritance of a passport if they move from London post Brexit
The car industry references are very interesting: detail on why the single market has been essential for Japanese
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I had no idea that location of the European Medicines Agency in London was so vital for international pharma:
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most significant - transfer Japan inc's European HQs to "Continental Europe" if "EU laws cease to be applicable"
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Cars: Japan auto sends a message to Brexit Britain via its government - we fear double whammy of tariffs:
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