Quote:
Originally Posted by Damien
It is not just symbolic. They want the registration in England because they would want their customers, or more accurate the majority of their customers would want, to be regulated by the British regulator. It's not just the address changing, it's also where all those accounts, savings, investments and mortgages are registered. So it's also where the majority of the corporate activity is occurring. It's where the tax would be paid.
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They are contemplating the creation of a legal entity, that is all, nothing has to move. It is a matter of Company law, not nationalism or symbolism.