{"id":5252,"date":"2016-07-11T11:48:56","date_gmt":"2016-07-11T15:48:56","guid":{"rendered":"https:\/\/lendongxuongdoai.info\/?p=5252"},"modified":"2021-02-02T23:08:19","modified_gmt":"2021-02-03T04:08:19","slug":"tiec-tan-cho-london-hau-brexit","status":"publish","type":"post","link":"https:\/\/lendongxuongdoai.info\/?p=5252","title":{"rendered":"Ti\u1ec7c t\u00e0n cho London h\u1eadu Brexit?"},"content":{"rendered":"

Ph\u1ea1m V\u0169 L\u1eeda H\u1ea1<\/i><\/b><\/a><\/p>\n

\"(\u1ea2nh:
(\u1ea2nh: Getty Images)<\/figcaption><\/figure>\n

\u1ede v\u1ecb th\u1ebf trung t\u00e2m t\u00e0i ch\u00ednh quan tr\u1ecdng b\u1eadc nh\u1ea5t c\u1ee7a th\u1ebf gi\u1edbi, x\u1ebfp tr\u00ean New York, Hong Kong v\u00e0 Singapore, London l\u00e0 c\u00e1i nam ch\u00e2m thu h\u00fat ti\u1ec1n, c\u1ea3 s\u1ea1ch l\u1eabn b\u1ea9n, t\u1eeb kh\u1eafp n\u01a1i tr\u00ean th\u1ebf gi\u1edbi. Th\u00e0nh ph\u1ed1 n\u00e0y \u0111\u00e3 \u0111\u1eb7t c\u01b0\u1ee3c v\u00e0o to\u00e0n c\u1ea7u h\u00f3a v\u00e0 th\u1eafng l\u1edbn, thu h\u00fat ho\u1ea1t \u0111\u1ed9ng kinh doanh c\u1ea3 h\u1ee3p ph\u00e1p l\u1eabn m\u1edd \u00e1m b\u1eb1ng c\u00e1c lu\u1eadt l\u1ec7 l\u1ecfng l\u1ebbo c\u1ee7a m\u00ecnh. K\u1ebft qu\u1ea3 tr\u01b0ng c\u1ea7u \u00fd d\u00e2n \u1ee7ng h\u1ed9 Brexit — V\u01b0\u01a1ng qu\u1ed1c Li\u00ean hi\u1ec7p Anh r\u1eddi kh\u1ecfi Li\u00ean hi\u1ec7p Ch\u00e2u \u00c2u (EU) — c\u00f3 th\u1ec3 g\u00e2y nguy h\u1ea1i cho v\u1ecb th\u1ebf \u0111\u00f3.<\/p>\n

Th\u1ee7 ph\u1ee7 t\u00e0i ch\u00ednh th\u1ebf gi\u1edbi<\/b><\/p>\n

X\u00e9t v\u1ec1 quy m\u00f4 kinh t\u1ebf, London l\u1edbn b\u1eb1ng Th\u1ee5y \u0110i\u1ec3n. London chi\u1ebfm m\u1ed9t ph\u1ea7n n\u0103m trong t\u1ed5ng s\u1ea3n ph\u1ea9m n\u1ed9i \u0111\u1ecba (GDP) c\u1ee7a V\u01b0\u01a1ng qu\u1ed1c Anh, v\u00e0 l\u00e0 n\u01a1i xu\u1ea5t kh\u1ea9u d\u1ecbch v\u1ee5 t\u00e0i ch\u00ednh l\u1edbn nh\u1ea5t th\u1ebf gi\u1edbi. G\u1ea7n 730.000 ng\u01b0\u1eddi l\u00e0m vi\u1ec7c trong ng\u00e0nh n\u00e0y \u1edf th\u00e0nh ph\u1ed1 n\u00e0y. Kho\u1ea3ng 40% giao d\u1ecbch ti\u1ec1n t\u1ec7 to\u00e0n c\u1ea7u \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n qua London, v\u1edbi kh\u1ed1i l\u01b0\u1ee3ng 2 ng\u00e0n t\u1ef7 \u0111\u00f4la m\u1ed7i ng\u00e0y.<\/p>\n

Kho\u1ea3ng 250 ng\u00e2n h\u00e0ng n\u01b0\u1edbc ngo\u00e0i c\u00f3 c\u00f4ng ty con \u1edf London ngo\u00e0i h\u00e0ng tr\u0103m h\u00e3ng lu\u1eadt. Theo b\u00e1o c\u00e1o m\u1edbi nh\u1ea5t v\u1ec1 c\u1ee7a c\u1ea3i c\u1ee7a h\u00e3ng t\u01b0 v\u1ea5n \u0111\u1ecba \u1ed1c d\u00e2n c\u01b0 v\u00e0 th\u01b0\u01a1ng m\u1ea1i Knight Frank, London l\u00e0 th\u00e0nh ph\u1ed1 quan tr\u1ecdng nh\u1ea5t c\u1ee7a gi\u1edbi si\u00eau gi\u00e0u. Kh\u00f4ng c\u00f3 th\u00e0nh ph\u1ed1 l\u1edbn n\u00e0o kh\u00e1c tr\u00ean th\u1ebf gi\u1edbi c\u00f3 m\u1ee9c \u0111\u1ed9 t\u1eadp trung tri\u1ec7u ph\u00fa nh\u01b0 \u1edf London.<\/p>\n

V\u00e0 nay ng\u01b0\u1eddi ta \u0111ang lo ng\u1ea1i v\u1ec1 nh\u1eefng h\u1eadu qu\u1ea3 c\u1ee7a k\u1ebft qu\u1ea3 b\u1ecf phi\u1ebfu Brexit h\u00f4m 23-6 \u0111\u1ed1i v\u1edbi London, m\u1ed9t th\u00e0nh ph\u1ed1 n\u1eb1m trong s\u1ed1 nh\u1eefng n\u01a1i h\u01b0\u1edfng l\u1ee3i nhi\u1ec1u nh\u1ea5t t\u1eeb to\u00e0n c\u1ea7u h\u00f3a nh\u01b0ng nay c\u00f3 nguy c\u01a1 b\u1ecb kh\u1ee7ng ho\u1ea3ng b\u1ea3n s\u1eafc.<\/p>\n

London \u0111\u00e3 v\u01b0\u1ee3t qua nhi\u1ec1u cu\u1ed9c chi\u1ebfn v\u00e0 nhi\u1ec1u v\u1ee5 t\u1ea5n c\u00f4ng kh\u1ee7ng b\u1ed1, c\u00fa s\u1ee5p \u0111\u1ed5 th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n n\u0103m 2001 v\u00e0 cu\u1ed9c kh\u1ee7ng ho\u1ea3ng t\u00e0i ch\u00ednh to\u00e0n c\u1ea7u n\u0103m 2008. London \u0111\u00e3 t\u1ef1 gi\u1ea3i tho\u00e1t kh\u1ecfi M\u1ef9 v\u00e0 tr\u00e1nh xa h\u1ec7 th\u1ed1ng ti\u1ec1n t\u1ec7 Ch\u00e2u \u00c2u. London \u0111\u00e3 th\u00edch nghi v\u1edbi m\u1ecdi h\u00ecnh th\u00e1i thay \u0111\u1ed5i ch\u00ednh tr\u1ecb, kinh t\u1ebf v\u00e0 c\u00f4ng ngh\u1ec7 trong nh\u1eefng th\u1eadp ni\u00ean qua.<\/p>\n

Nh\u01b0ng m\u1ed9t th\u1ee9 ti\u1ebfp t\u1ee5c t\u0103ng l\u00ean ngay c\u1ea3 sau nh\u1eefng bi\u1ebfn c\u1ed1 \u0111\u00f3: l\u01b0\u1ee3ng ti\u1ec1n \u0111\u1ed5 t\u1edbi th\u00e0nh ph\u1ed1 n\u00e0y – l\u01b0\u1ee3ng ti\u1ec1n \u0111\u00f3 sau \u0111\u00f3 \u0111\u01b0\u1ee3c b\u01a1m ng\u01b0\u1ee3c l\u1ea1i v\u00e0o th\u1ebf gi\u1edbi th\u00f4ng qua S\u1edf Giao d\u1ecbch Ch\u1ee9ng kho\u00e1n London (LSE) ho\u1eb7c c\u00e1c k\u00eanh m\u1edd \u1ea3o h\u01a1n c\u1ee7a c\u00e1c ng\u00e2n h\u00e0ng v\u00e0 c\u00f4ng ty qu\u1ea3n l\u00fd \u0111\u1ea7u t\u01b0 v\u00e0 \u0111\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 v\u00e0o b\u1ea5t c\u1ee9 th\u1ee9 g\u00ec c\u00f3 th\u1ec3 sinh l\u00e3i cao nh\u1ea5t v\u00e0o l\u00fac \u0111\u00f3.<\/p>\n

Chris Skinner, blogger v\u00e0 \u0111\u1ed3ng ch\u1ee7 nhi\u1ec7m C\u00e2u l\u1ea1c b\u1ed9 D\u1ecbch v\u1ee5 T\u00e0i ch\u00ednh, m\u1ed9t m\u1ea1ng l\u01b0\u1edbi ng\u00e0nh t\u00e0i ch\u00ednh Ch\u00e2u \u00c2u, n\u00f3i, \u201cLondon \u0111\u1ed1i v\u1edbi th\u1ebf gi\u1edbi t\u00e0i ch\u00ednh c\u0169ng nh\u01b0 Madonna \u0111\u1ed1i v\u1edbi nh\u1ea1c pop. Th\u00e0nh ph\u1ed1 n\u00e0y lu\u00f4n l\u00e0m m\u1edbi ch\u00ednh m\u00ecnh.\u201d Skinner l\u00fd gi\u1ea3i nh\u1eefng \u01b0u \u0111i\u1ec3m c\u1ee7a \u0111\u1ea1i \u0111\u00f4 th\u1ecb n\u00e0y: ti\u1ebfng Anh \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng \u1edf g\u1ea7n nh\u01b0 tr\u00ean kh\u1eafp th\u1ebf gi\u1edbi, lu\u1eadt Anh \u0111\u01b0\u1ee3c c\u00f4ng nh\u1eadn v\u00e0 \u00e1p d\u1ee5ng t\u1ea1i nhi\u1ec1u n\u01a1i \u1edf c\u00e1c n\u01b0\u1edbc c\u00f4ng nghi\u1ec7p v\u00e0 London thu h\u00fat nh\u1eefng ng\u01b0\u1eddi c\u00f3 t\u00e0i v\u00e0 nhi\u1ec1u ho\u00e0i b\u00e3o. Th\u00e0nh ph\u1ed1 n\u00e0y v\u1eeba c\u00f3 t\u00ednh qu\u1ed1c t\u1ebf v\u1eeba c\u00f3 t\u00ednh th\u1ef1c d\u1ee5ng.<\/p>\n

Gi\u1ed1ng nh\u01b0 London, LSE \u0111\u00e3 xem qu\u1ed1c t\u1ebf h\u00f3a l\u00e0 nguy\u00ean t\u1eafc ho\u1ea1t \u0111\u1ed9ng. C\u00e1c c\u00f4ng ty t\u1eeb h\u01a1n 80 qu\u1ed1c gia ni\u00eam y\u1ebft c\u1ed5 phi\u1ebfu \u1edf London. Kh\u00f4ng c\u00f3 th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n n\u00e0o thu h\u00fat nhi\u1ec1u c\u00f4ng ty ngo\u1ea1i qu\u1ed1c h\u01a1n London, m\u1ed9t ph\u1ea7n l\u00e0 v\u00ec nh\u1eefng c\u00f4ng ty \u0111\u00f3 mu\u1ed1n ti\u1ebfp c\u1eadn \u0111\u01b0\u1ee3c gi\u1edbi \u0111\u1ea7u t\u01b0 qu\u1ed1c t\u1ebf c\u0169ng c\u00f3 m\u1eb7t \u1edf \u0111\u00e2y. L\u01b0\u1ee3ng t\u00e0i s\u1ea3n g\u1ea7n 7 ng\u00e0n t\u1ef7 b\u1ea3ng Anh \u0111\u01b0\u1ee3c qu\u1ea3n l\u00fd t\u1eeb London.<\/p>\n

Ki\u1ec3u k\u1ebft n\u1ed1i quan h\u1ec7 to\u00e0n c\u1ea7u \u0111\u00f3 l\u00e0 m\u1ed9t trong nh\u1eefng l\u00fd do khi\u1ebfn Deutsche B\u00f6rse, s\u1edf giao d\u1ecbch ch\u1ee9ng kho\u00e1n \u0110\u1ee9c, \u0111ang s\u00e1p nh\u1eadp v\u1edbi LSE – trong m\u1ed9t th\u01b0\u01a1ng v\u1ee5 \u0111\u01b0\u1ee3c c\u00f4ng b\u1ed1 h\u1ed3i th\u00e1ng 2 – v\u00e0 d\u1ef1 \u0111\u1ecbnh \u0111\u1eb7t tr\u1ee5 s\u1edf ch\u00ednh c\u1ee7a c\u00f4ng ty m\u1eb9 s\u1edf h\u1eefu hai s\u1edf giao d\u1ecbch n\u00e0y t\u1ea1i London. N\u1ebfu v\u1ee5 s\u00e1p nh\u1eadp n\u00e0y kh\u00f4ng th\u1ea5t b\u1ea1i v\u00ec l\u00e1 phi\u1ebfu \u1ee7ng h\u1ed9 Brexit, nhi\u1ec1u ng\u01b0\u1eddi c\u0169ng hy v\u1ecdng n\u00f3 s\u1ebd c\u00e0ng gi\u00fap London c\u1ee7ng c\u1ed1 v\u1ecb th\u1ebf th\u1ee7 ph\u1ee7 t\u00e0i ch\u00ednh th\u1ebf gi\u1edbi.<\/p>\n

\"financial-centres\"Vi\u1ec7c London tr\u1edf th\u00e0nh m\u1ed9t trung t\u00e2m t\u00e0i ch\u00ednh th\u00e0nh c\u00f4ng c\u00f3 c\u0103n nguy\u00ean t\u1eeb th\u1eddi C\u00e1ch m\u1ea1ng C\u00f4ng nghi\u1ec7p, cu\u1ed9c c\u00e1ch m\u1ea1ng kh\u1edfi x\u01b0\u1edbng \u1edf Anh. N\u00f3 t\u1ea1o \u0111i\u1ec1u ki\u1ec7n thu\u1eadn l\u1ee3i cho s\u1ef1 d\u00e2n ch\u1ee7 h\u00f3a ban \u0111\u1ea7u v\u00e0 m\u1ed9t m\u1ee9c \u0111\u1ed9 c\u1edfi m\u1edf x\u00e3 h\u1ed9i m\u00e0 ch\u01b0a \u0111\u01b0\u1ee3c h\u00ecnh th\u00e0nh \u1edf c\u00e1c n\u01b0\u1edbc Ch\u00e2u \u00c2u kh\u00e1c. V\u1edbi v\u1ecb tr\u00ed \u0111\u1ecba l\u00fd thu\u1eadn l\u1ee3i gi\u1eefa \u0111\u00f4ng v\u00e0 t\u00e2y v\u00e0 nh\u1edd \u0111\u01b0\u1ee3c cung c\u1ea5p b\u1edfi m\u1ed9t \u0111\u1ebf ch\u1ebf th\u1ef1c d\u00e2n \u0111\u01b0\u1ee3c x\u00e2y d\u1ef1ng tr\u00ean n\u1ec1n t\u1ea3ng n\u00f4 l\u1ec7, London tr\u1edf th\u00e0nh m\u1ed9t trung t\u00e2m kh\u1ed5ng l\u1ed3 v\u1ec1 h\u00e0ng h\u00f3a ngay t\u1eeb r\u1ea5t s\u1edbm. Ng\u00e0nh t\u00e0i ch\u00ednh ch\u1ec9 vi\u1ec7c t\u1ef1 h\u00ecnh th\u00e0nh tr\u00ean c\u00e1c n\u1ec1n m\u00f3ng \u0111\u00f3. Nh\u01b0ng v\u1edbi s\u1ef1 suy t\u00e0n c\u1ee7a c\u00f4ng nghi\u1ec7p Anh trong th\u1eadp ni\u00ean 1970, s\u1ef1 h\u01b0ng th\u1ecbnh c\u1ee7a trung t\u00e2m t\u00e0i ch\u00ednh London d\u01b0\u1eddng nh\u01b0 c\u0169ng ch\u1ea5m d\u1ee9t.<\/p>\n

Th\u1ee7 t\u01b0\u1edbng Margaret Thatcher \u0111\u00e3 h\u1ed3i sinh ng\u00e0nh t\u00e0i ch\u00ednh. V\u1edbi c\u00e1c ch\u00ednh s\u00e1ch theo tr\u01b0\u1eddng ph\u00e1i t\u00e2n t\u1ef1 do, b\u00e0 c\u00f3 th\u1ec3 \u0111\u00e3 ch\u1eb3ng bao gi\u1edd kh\u00f4i ph\u1ee5c vinh quang c\u0169 c\u1ee7a c\u00f4ng nghi\u1ec7p Anh, nh\u01b0ng b\u00e0 \u0111\u00e3 g\u00f3p ph\u1ea7n t\u1ea1o n\u00ean c\u00e1ch m\u1ea1ng t\u00e0i ch\u00ednh \u1edf Anh v\u1edbi m\u1ed9t lo\u1ea1t nh\u1eefng c\u1ea3i c\u00e1ch \u201cBig Bang\u201d (V\u1ee5 n\u1ed5 L\u1edbn) b\u1ea5t ng\u1edd gi\u00fap t\u1ef1 do h\u00f3a ng\u00e0nh t\u00e0i ch\u00ednh. Th\u1ee7 t\u01b0\u1edbng Thatcher cho ph\u00e9p c\u00e1c c\u00f4ng ty t\u00e0i ch\u00ednh ngo\u1ea1i qu\u1ed1c ti\u1ebfp c\u1eadn s\u1edf giao d\u1ecbch ch\u1ee9ng kho\u00e1n London, n\u1edbi l\u1ecfng lu\u1eadt l\u1ec7 giao d\u1ecbch v\u00e0 ch\u1ea5p nh\u1eadn th\u1ecb tr\u01b0\u1eddng t\u1ef1 do. M\u1ed9t s\u1ed1 ng\u01b0\u1eddi trong gi\u1edbi ch\u00f3p bu t\u00e0i ch\u00ednh London b\u1ea3o th\u1ee7 th\u1eadm ch\u00ed ngh\u0129 r\u1eb1ng c\u00e1c c\u1ea3i c\u00e1ch \u0111\u00f3 \u0111i qu\u00e1 xa. H\u1ecd lo ng\u1ea1i v\u1ec1 t\u00ecnh tr\u1ea1ng M\u1ef9 h\u00f3a c\u1ee7a n\u01b0\u1edbc Anh.<\/p>\n

\u0110\u00fang l\u00e0 ng\u01b0\u1eddi M\u1ef9 \u0111\u00e3 t\u1edbi, ng\u01b0\u1eddi \u0110\u1ee9c v\u00e0 nh\u1eefng ng\u01b0\u1eddi Ch\u00e2u \u00c2u l\u1ee5c \u0111\u1ecba kh\u00e1c c\u0169ng t\u1edbi. C\u00f9ng xu\u1ea5t hi\u1ec7n v\u1edbi h\u1ecd l\u00e0 cu\u1ed9c di\u1ec5u h\u00e0nh chi\u1ebfn th\u1eafng c\u1ee7a ch\u1ee7 thuy\u1ebft gi\u00e1 tr\u1ecb c\u1ed5 \u0111\u00f4ng – d\u01b0\u1eddng nh\u01b0 t\u1ea5t c\u1ea3 m\u1ecdi ho\u1ea1t \u0111\u1ed9ng kinh doanh \u0111\u1ec1u ph\u1ea3i g\u1eafn li\u1ec1n v\u1edbi l\u1ee3i \u00edch c\u1ee7a c\u1ed5 \u0111\u00f4ng. London \u0111\u00f3n nh\u1eadn v\u0103n h\u00f3a n\u00e0y v\u1edbi m\u1ee9c \u0111\u1ed9 l\u1edbn h\u01a1n b\u1ea5t c\u1ee9 n\u01a1i n\u00e0o kh\u00e1c, v\u00e0 do v\u1eady tr\u1edf th\u00e0nh th\u1ecb tr\u01b0\u1eddng v\u1ed1n th\u1ed1ng l\u0129nh \u1edf Ch\u00e2u \u00c2u.<\/p>\n

Nh\u01b0ng c\u1ea3i c\u00e1ch \u201cBig Bang\u201d c\u0169ng mang t\u1edbi cho London \u0111i\u1ec1u m\u00e0 ng\u01b0\u1eddi \u1edf th\u00e0nh ph\u1ed1 n\u00e0y g\u1ecdi l\u00e0 \u201chi\u1ec7u \u1ee9ng Wimbledon\u201d — t\u1ee9c l\u00e0 ng\u01b0\u1eddi \u1edf \u0111\u00f3 \u0111\u1ee9ng ra t\u1ed5 ch\u1ee9c cu\u1ed9c tranh t\u00e0i l\u1edbn nh\u1ea5t v\u00e0 hay nh\u1ea5t, nh\u01b0ng b\u1ea3n th\u00e2n h\u1ecd \u00edt khi chi\u1ebfm v\u1ecb tr\u00ed h\u00e0ng \u0111\u1ea7u. Sau \u201cBig Bang\u201d, c\u00e1c t\u1ed5 ch\u1ee9c t\u00e0i ch\u00ednh t\u1eeb M\u1ef9, \u0110\u1ee9c, v\u00e0 Th\u1ee5y S\u1ef9 mua l\u1ea1i nhi\u1ec1u ng\u00e2n h\u00e0ng th\u01b0\u01a1ng m\u1ea1i Anh.<\/p>\n

London ch\u01b0a bao gi\u1edd ng\u1ed3i y\u00ean \u0111\u1ee3i ti\u1ec1n t\u1ef1 \u0111\u1ed5 t\u1edbi. Th\u00e0nh ph\u1ed1 n\u00e0y xem chuy\u00ean m\u00f4n t\u00e0i ch\u00ednh c\u1ee7a m\u00ecnh l\u00e0 m\u1ed9t s\u1ea3n ph\u1ea9m c\u00f3 th\u1ec3 xu\u1ea5t kh\u1ea9u. Song, London x\u1ebfp th\u1ee9 hai sau New York, t\u1ee5t h\u1eadu kh\u00e1 xa cho t\u1edbi cu\u1ed1i th\u1ebf k\u1ef7 20. Nh\u01b0ng nh\u1eefng ph\u1ea3n \u1ee9ng tr\u01b0\u1edbc c\u00e1c v\u1ee5 t\u1ea5n c\u00f4ng kh\u1ee7ng b\u1ed1 ng\u00e0y 11-9-2001 \u0111\u00e3 gi\u00fap London l\u1ea7n \u0111\u1ea7u ti\u00ean v\u01b0\u1ee3t qua New York. M\u1ef9 si\u1ebft ch\u1eb7t lu\u1eadt l\u1ec7 di tr\u00fa c\u1ee7a m\u00ecnh v\u00e0 t\u0103ng r\u00e0o c\u1ea3n \u0111\u1ed1i v\u1edbi ng\u01b0\u1eddi ngo\u1ea1i qu\u1ed1c mu\u1ed1n l\u00e0m \u0103n \u1edf M\u1ef9. Trong khi \u0111\u00f3, London l\u00e0m ng\u01b0\u1ee3c l\u1ea1i, m\u1edf c\u1eeda v\u00e0 ch\u1ea5p nh\u1eadn v\u0103n h\u00f3a t\u1ef1 do kinh doanh (laissez-faire).<\/p>\n

Tuy nhi\u00ean, sau \u0111\u00f3 cu\u1ed9c kh\u1ee7ng ho\u1ea3ng t\u00e0i ch\u00ednh n\u0103m 2008 \u0111\u00e3 l\u00e0m lung lay d\u1eef d\u1ed9i ni\u1ec1m tin v\u1ec1 lu\u1eadt l\u1ec7 l\u1ecfng l\u1ebbo. Nh\u1eefng ng\u00e2n h\u00e0ng nh\u01b0 Northern Rock v\u00e0 Royal Bank of Scotland s\u1ee5p \u0111\u1ed5 v\u00e0 ph\u1ea3i \u0111\u01b0\u1ee3c nh\u00e0 n\u01b0\u1edbc gi\u1ea3i c\u1ee9u. V\u1ee5 x\u00ec c\u0103ng \u0111an v\u1ec1 thao t\u00fang l\u00e3i su\u1ea5t li\u00ean ng\u00e2n h\u00e0ng Libor c\u0169ng \u0111\u00e3 ti\u1ebft l\u1ed9 nh\u1eefng m\u1ed1i quan h\u1ec7 qu\u00e1 g\u1ea7n g\u0169i gi\u1eefa gi\u1edbi qu\u1ea3n l\u00fd nh\u00e0 n\u01b0\u1edbc v\u00e0 c\u00e1c ng\u00e2n h\u00e0ng, v\u00e0 c\u0169ng tr\u1edf th\u00e0nh m\u1ed9t bi\u1ec3u t\u01b0\u1ee3ng to\u00e0n c\u1ea7u c\u1ee7a l\u00f2ng tham v\u00e0 s\u1ef1 v\u00f4 l\u01b0\u01a1ng t\u00e2m trong ng\u00e0nh n\u00e0y. London c\u0169ng c\u00f3 ph\u1ea3n \u1ee9ng th\u1ef1c d\u1ee5ng trong cu\u1ed9c kh\u1ee7ng ho\u1ea3ng t\u00e0i ch\u00ednh, c\u1ea3i t\u1ed5 h\u1ec7 th\u1ed1ng gi\u00e1m s\u00e1t v\u00e0 c\u1ed5 x\u00fay c\u1ea1nh tranh m\u1edbi \u0111\u1ec3 ph\u00e1 v\u1ee1 th\u1ebf \u0111\u1ed9c quy\u1ec1n nh\u00f3m c\u1ee7a m\u1ed9t s\u1ed1 \u00edt ng\u00e2n h\u00e0ng \u0111\u00e3 th\u1ed1ng l\u0129nh th\u1ecb tr\u01b0\u1eddng.<\/p>\n

Nguy c\u01a1 m\u1ea5t quy\u1ec1n ti\u1ebfp c\u1eadn th\u1ecb tr\u01b0\u1eddng chung c\u1ee7a EU<\/b><\/p>\n

S\u00e1ng 24-6, ngay sau khi c\u00f3 k\u1ebft qu\u1ea3 Brexit, gi\u00e1 c\u1ed5 phi\u1ebfu c\u1ee7a c\u00e1c ng\u00e2n h\u00e0ng r\u1edbt th\u1ea3m h\u1ea1i, trong \u0111\u00f3 c\u00e1c ng\u00e2n h\u00e0ng Anh d\u00ednh \u0111\u00f2n n\u1eb7ng nh\u1ea5t. N\u1ed7i lo Brexit c\u00f3 th\u1ec3 d\u1eabn t\u1edbi suy tho\u00e1i kinh t\u1ebf \u0111\u00e3 khi\u1ebfn c\u1ed5 phi\u1ebfu c\u1ee7a Barclays v\u00e0 Lloyds gi\u1ea3m g\u1ea7n 30% khi th\u1ecb tr\u01b0\u1eddng m\u1edf c\u1eeda. C\u00e1c ng\u00e2n h\u00e0ng Ch\u00e2u \u00c2u c\u0169ng kh\u00f4ng tho\u00e1t: Deutsche Bank gi\u1ea3m 21%, Credit Suisse v\u00e0 UBS m\u1ed7i ng\u00e2n h\u00e0ng gi\u1ea3m 13%. C\u1ed5 phi\u1ebfu c\u00e1c ng\u00e2n h\u00e0ng M\u1ef9 c\u00f3 ho\u1ea1t \u0111\u1ed9ng \u1edf London gi\u1ea3m v\u00e0o \u0111\u1ea7u phi\u00ean giao d\u1ecbch \u1edf New York.<\/p>\n

Tuy v\u1eady, kh\u00f4ng c\u00f3 g\u00ec \u0111\u00e1ng nghi ng\u1edd v\u1ec1 t\u00ednh \u1ed5n \u0111\u1ecbnh c\u1ee7a c\u00e1c ng\u00e2n h\u00e0ng. T\u1eeb nhi\u1ec1u th\u00e1ng qua h\u1ecd \u0111\u00e3 bi\u1ebft l\u00e0 s\u1ebd c\u00f3 cu\u1ed9c tr\u01b0ng c\u1ea7u \u00fd d\u00e2n n\u00e0y, v\u00e0 \u0111\u00e3 chu\u1ea9n b\u1ecb cho k\u1ecbch b\u1ea3n c\u00f3 k\u1ebft qu\u1ea3 \u201cr\u1eddi EU\u201d. Vi\u1ec7c t\u0103ng c\u01b0\u1eddng gi\u00e1m s\u00e1t t\u1eeb sau kh\u1ee7ng ho\u1ea3ng t\u00e0i ch\u00ednh c\u0169ng h\u1eefu \u00edch. Nhi\u1ec1u th\u00e1ng tr\u01b0\u1edbc, Ng\u00e2n h\u00e0ng Trung \u01b0\u01a1ng V\u01b0\u01a1ng qu\u1ed1c Anh \u0111\u00e3 h\u1ee9a c\u00f3 th\u00eam c\u00e1c cu\u1ed9c \u0111\u1ea5u gi\u00e1 mua l\u1ea1i (repo) trong th\u1eddi gian g\u1ea7n cu\u1ed9c tr\u01b0ng c\u1ea7u \u00fd d\u00e2n — cho vay \u0111\u1ed1i v\u1edbi b\u1ea5t c\u1ee9 ng\u00e2n h\u00e0ng c\u00f3 th\u1ec3 d\u00f9ng ch\u1ee9ng kho\u00e1n \u0111\u1ec3 th\u1ebf ch\u1ea5p. C\u00e1c ng\u00e2n h\u00e0ng l\u1edbn c\u1ee7a Anh \u0111\u01b0\u1ee3c ti\u1ebfp c\u1eadn ngo\u1ea1i t\u1ec7 th\u00f4ng qua c\u00e1c ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng kh\u00e1c, Ng\u00e2n h\u00e0ng Trung \u01b0\u01a1ng V\u01b0\u01a1ng qu\u1ed1c Anh c\u00f3 nghi\u1ec7p v\u1ee5 ho\u00e1n \u0111\u1ed5i (swap) ti\u1ec1n t\u1ec7 v\u1edbi c\u00e1c ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng kh\u00e1c.<\/p>\n

Do v\u1eady, t\u00ecnh tr\u1ea1ng bi\u1ebfn \u0111\u1ed9ng m\u1ea1nh hi\u1ec7n nay c\u1ee7a th\u1ecb tr\u01b0\u1eddng l\u00e0 c\u00f3 th\u1ec3 ch\u1ecbu \u0111\u01b0\u1ee3c. Tuy nhi\u00ean, v\u1ec1 d\u00e0i h\u1ea1n, ng\u00e0nh t\u00e0i ch\u00ednh c\u1ee7a V\u01b0\u01a1ng qu\u1ed1c Anh c\u00f3 th\u1ec3 g\u1eb7p nhi\u1ec1u kh\u00f3 kh\u0103n tr\u1ea7m tr\u1ecdng. Ng\u00e0nh n\u00e0y hi\u1ec7n \u0111ang ph\u00e1t \u0111\u1ea1t nh\u1edd c\u00e1c quy \u0111\u1ecbnh \u201cpassport\u201d (s\u1ed5 th\u00f4ng h\u00e0nh) c\u1ee7a EU. Theo \u0111\u00f3, c\u00e1c ng\u00e2n h\u00e0ng, c\u00f4ng ty qu\u1ea3n l\u00fd \u0111\u1ea7u t\u01b0 v\u00e0 nh\u1eefng c\u00f4ng ty t\u00e0i ch\u00ednh kh\u00e1c \u1edf m\u1ed9t n\u01b0\u1edbc th\u00e0nh vi\u00ean c\u00f3 th\u1ec3 ph\u1ee5c v\u1ee5 kh\u00e1ch h\u00e0ng \u1edf 27 n\u01b0\u1edbc th\u00e0nh vi\u00ean kh\u00e1c m\u00e0 kh\u00f4ng c\u1ea7n l\u1eadp c\u01a1 s\u1edf ho\u1ea1t \u0111\u1ed9ng \u1edf n\u01b0\u1edbc s\u1edf t\u1ea1i. Nh\u1edd \u0111\u00f3 c\u00e1c c\u00f4ng ty con \u1edf V\u01b0\u01a1ng qu\u1ed1c Anh c\u1ee7a c\u00e1c ng\u00e2n h\u00e0ng ngo\u00e0i EU (v\u00ed d\u1ee5 M\u1ef9, Nh\u1eadt v\u00e0 Th\u1ee5y S\u1ef9) c\u00f3 th\u1ec3 l\u00e0m \u0103n tr\u00ean kh\u1eafp Ch\u00e2u \u00c2u t\u1eeb London, v\u00e0 l\u00e0 m\u1ed9t l\u00fd do ch\u1ee7 y\u1ebfu khi\u1ebfn London tr\u1edf th\u00e0nh th\u1ee7 ph\u1ee7 t\u00e0i ch\u00ednh c\u1ee7a EU. Trong th\u1eddi gian d\u1eabn t\u1edbi cu\u1ed9c tr\u01b0ng c\u1ea7u \u00fd d\u00e2n, TheCityUK, m\u1ed9t t\u1ed5 ch\u1ee9c ng\u00e0nh d\u1ecbch v\u1ee5 t\u00e0i ch\u00ednh c\u00f3 quan \u0111i\u1ec3m ph\u1ea3n \u0111\u1ed1i Brexit, \u0111\u00e3 kh\u1eb3ng \u0111\u1ecbnh r\u1eb1ng London chi\u1ebfm kho\u1ea3ng 70% th\u1ecb tr\u01b0\u1eddng h\u1ee3p \u0111\u1ed3ng ph\u00e1i sinh l\u00e3i su\u1ea5t b\u1eb1ng \u0111\u1ed3ng euro, 90% ho\u1ea1t \u0111\u1ed9ng m\u00f4i gi\u1edbi h\u1ed7 tr\u1ee3 giao d\u1ecbch ch\u1ee9ng kho\u00e1n cho c\u00e1c qu\u1ef9 \u0111\u1ea7u t\u01b0 hedge fund, v\u00e0 chi\u1ebfm l\u0129nh nhi\u1ec1u ho\u1ea1t \u0111\u1ed9ng kh\u00e1c.<\/p>\n

M\u1ed1i nguy cho ng\u00e0nh d\u1ecbch v\u1ee5 t\u00e0i ch\u00ednh c\u1ee7a V\u01b0\u01a1ng qu\u1ed1c Anh \u0111\u01b0\u1ee3c b\u1ed9c l\u1ed9 trong ph\u00e1t bi\u1ec3u h\u00f4m 25-6 c\u1ee7a Fran\u00e7ois Villeroy de Galhau, th\u1ed1ng \u0111\u1ed1c Ng\u00e2n h\u00e0ng Trung \u01b0\u01a1ng Ph\u00e1p v\u00e0 \u1ee7y vi\u00ean h\u1ed9i \u0111\u1ed3ng qu\u1ea3n tr\u1ecb Ng\u00e2n h\u00e0ng Trung \u01b0\u01a1ng Ch\u00e2u \u00c2u (ECB). \u00d4ng c\u1ea3nh b\u00e1o r\u1eb1ng c\u00e1c ng\u00e2n h\u00e0ng s\u1ebd m\u1ea5t quy\u1ec1n \u201cpassport\u201d \u0111\u1ec3 ho\u1ea1t \u0111\u1ed9ng \u1edf EU n\u1ebfu V\u01b0\u01a1ng qu\u1ed1c Anh r\u1eddi kh\u1ecfi th\u1ecb tr\u01b0\u1eddng chung. \u00d4ng n\u00f3i s\u1ebd l\u00e0 ngh\u1ecbch l\u00fd n\u1ebfu cho ph\u00e9p trung t\u00e2m t\u00e0i ch\u00ednh London ho\u1ea1t \u0111\u1ed9ng theo lu\u1eadt l\u1ec7 c\u1ee7a EU v\u00e0 kh\u00f4ng ph\u1ea3i l\u00e0 m\u1ed9t th\u00e0nh vi\u00ean c\u1ee7a Khu v\u1ef1c Kinh t\u1ebf Ch\u00e2u \u00c2u (EEC) nh\u01b0 Na Uy. Nh\u1eefng \u00fd ki\u1ebfn \u0111\u1ea7u ti\u00ean c\u1ee7a m\u1ed9t quan ch\u1ee9c ECB cho th\u1ea5y r\u00f5 l\u00e0 EU s\u1ebd kh\u00f4ng \u0111\u1ec3 cho ng\u00e0nh t\u00e0i ch\u00ednh London c\u00f3 \u0111\u01b0\u1ee3c ti\u1ebfn tr\u00ecnh chuy\u1ec3n \u0111\u1ed5i d\u1ec5 d\u00e0ng.<\/p>\n

C\u00e1c lu\u1eadt s\u01b0 c\u1ed1 v\u1ea5n cho c\u00e1c ng\u00e2n h\u00e0ng \u0111\u1ea7u t\u01b0 M\u1ef9 \u0111\u00e3 c\u1ea3nh b\u00e1o r\u1eb1ng c\u00e1c quy\u1ec1n \u201cpassport\u201d m\u00e0 h\u1ecd d\u1ef1a v\u00e0o \u0111\u1ec3 b\u00e1n s\u1ea3n ph\u1ea9m v\u00e0 d\u1ecbch v\u1ee5 t\u1eeb V\u01b0\u01a1ng qu\u1ed1c Anh cho c\u00e1c kh\u00e1ch h\u00e0ng EU c\u00f3 th\u1ec3 b\u1ecb b\u00e3i b\u1ecf m\u1ed9t ph\u1ea7n ho\u1eb7c to\u00e0n ph\u1ea7n t\u00f9y thu\u1ed9c v\u00e0o k\u1ebft qu\u1ea3 \u0111\u00e0m ph\u00e1n v\u1ec1 vi\u1ec7c V\u01b0\u01a1ng qu\u1ed1c Anh r\u1eddi kh\u1ecfi EU.<\/p>\n

Tr\u1eeb phi \u201cpassport\u201d \u0111\u01b0\u1ee3c gia h\u1ea1n ho\u1eb7c thay th\u1ebf, ch\u00fang s\u1ebd h\u1ebft hi\u1ec7u l\u1ef1c khi V\u01b0\u01a1ng qu\u1ed1c Anh r\u1eddi kh\u1ecfi EU. V\u01b0\u01a1ng qu\u1ed1c Anh c\u00f3 th\u1ec3 mong EU \u0111\u00e1nh gi\u00e1 r\u1eb1ng lu\u1eadt l\u1ec7 c\u1ee7a V\u01b0\u01a1ng qu\u1ed1c Anh \u201ct\u01b0\u01a1ng \u0111\u01b0\u01a1ng\u201d v\u1edbi lu\u1eadt l\u1ec7 c\u1ee7a EU, nh\u01b0ng kh\u00f4ng d\u1ec5 \u0111\u1ea1t \u0111\u01b0\u1ee3c th\u1ecfa thu\u1eadn. Gi\u1edbi ch\u00ednh kh\u00e1ch Ph\u00e1p v\u00e0 \u0110\u1ee9c mu\u1ed1n c\u1ee7ng c\u1ed1 c\u00e1c trung t\u00e2m t\u00e0i ch\u00ednh c\u1ee7a n\u01b0\u1edbc h\u1ecd v\u00e0 s\u1eafp tranh c\u1eed n\u0103m t\u1edbi, n\u00ean c\u00f3 th\u1ec3 g\u00e2y kh\u00f3 d\u1ec5. Kh\u00f4ng c\u00f3 qu\u1ed1c gia ngo\u00e0i EU n\u00e0o kh\u00e1c c\u00f3 c\u00e1c quy\u1ec1n \u201cpassport\u201d tr\u1ecdn v\u1eb9n.<\/p>\n

C\u00e1c m\u00f4 h\u00ecnh kh\u00e1c kh\u00f4ng ti\u1ec7n cho l\u1eafm. Ch\u1eb3ng h\u1ea1n m\u00f4 h\u00ecnh Th\u1ee5y S\u1ef9: \u0111\u00e0m ph\u00e1n \u0111\u1ec3 c\u00f3 quy\u1ec1n ti\u1ebfp c\u1eadn th\u1ecb tr\u01b0\u1eddng chung theo t\u1eebng ng\u00e0nh, nh\u01b0ng \u0111i\u1ec1u n\u00e0y lo\u1ea1i tr\u1eeb d\u1ecbch v\u1ee5 t\u00e0i ch\u00ednh. Th\u1ee5y S\u1ef9 l\u00e0 th\u00e0nh vi\u00ean c\u1ee7a Hi\u1ec7p h\u1ed9i Th\u01b0\u01a1ng m\u1ea1i T\u1ef1 do Ch\u00e2u \u00c2u, v\u00e0 c\u00f3 h\u01a1n 120 hi\u1ec7p \u0111\u1ecbnh song ph\u01b0\u01a1ng v\u1edbi EU. Nh\u01b0ng gi\u1edbi chuy\u00ean gia kh\u00f3 c\u00f3 kh\u1ea3 n\u0103ng V\u01b0\u01a1ng qu\u1ed1c Anh \u0111\u01b0\u1ee3c ph\u01b0\u01a1ng \u00e1n n\u00e0y. V\u01b0\u01a1ng qu\u1ed1c Anh c\u00f3 th\u1ec3 ch\u1ecdn c\u00e1i g\u1ecdi l\u00e0 \u201cph\u01b0\u01a1ng \u00e1n Na Uy\u201d, ngh\u0129a l\u00e0 tr\u1edf th\u00e0nh th\u00e0nh vi\u00ean c\u1ee7a EEC v\u00e0 \u0111\u01b0\u1ee3c quy\u1ec1n ti\u1ebfp c\u1eadn th\u1ecb tr\u01b0\u1eddng chung m\u00e0 kh\u00f4ng c\u1ea7n l\u00e0 th\u00e0nh vi\u00ean tr\u1ecdn v\u1eb9n c\u1ee7a EU. Ph\u01b0\u01a1ng \u00e1n n\u00e0y b\u1ea5t l\u1ee3i \u1edf ch\u1ed7 V\u01b0\u01a1ng qu\u1ed1c Anh s\u1ebd ph\u1ea3i \u00e1p d\u1ee5ng c\u00e1c lu\u1eadt l\u1ec7 li\u00ean quan c\u1ee7a EU m\u00e0 kh\u00f4ng c\u00f3 quy\u1ec1n tham gia l\u1eadp ph\u00e1p. Ho\u1eb7c V\u01b0\u01a1ng qu\u1ed1c Anh c\u00f3 th\u1ec3 th\u01b0\u01a1ng l\u01b0\u1ee3ng hi\u1ec7p \u0111\u1ecbnh th\u01b0\u01a1ng m\u1ea1i ki\u1ec3u Canada v\u1edbi EU. Hi\u1ec7p \u0111\u1ecbnh th\u01b0\u01a1ng m\u1ea1i t\u1ef1 do gi\u1eefa Canada v\u00e0 EU (CETA) lo\u1ea1i tr\u1eeb h\u1ea7u h\u1ebft c\u00e1c d\u1ecbch v\u1ee5 t\u00e0i ch\u00ednh, v\u00e0 m\u1ed9t hi\u1ec7p \u0111\u1ecbnh s\u00e2u r\u1ed9ng gi\u1eefa V\u01b0\u01a1ng qu\u1ed1c Anh v\u00e0 EU s\u1ebd m\u1ea5t nhi\u1ec1u th\u1eddi gian l\u00e2u \u0111\u1ec3 \u0111\u00e0m ph\u00e1n. Cu\u1ed1i c\u00f9ng, V\u01b0\u01a1ng qu\u1ed1c Anh c\u00f3 th\u1ec3 d\u1ef1a v\u00e0o T\u1ed5 ch\u1ee9c Th\u01b0\u01a1ng m\u1ea1i Th\u1ebf gi\u1edbi \u0111\u1ec3 gi\u1ea3m b\u1edbt c\u00e1c r\u00e0o c\u1ea3n v\u1ec1 h\u00e0ng h\u00f3a, nh\u01b0ng v\u1eabn c\u00f3 th\u1ec3 c\u00f2n nh\u1eefng r\u00e0o c\u1ea3n l\u1edbn v\u1ec1 d\u1ecbch v\u1ee5 t\u00e0i ch\u00ednh.<\/p>\n

C\u00e1c ph\u01b0\u01a1ng \u00e1n \u0111\u00f3 \u0111\u1ec1u c\u00f3 v\u1ebb kh\u00f4ng l\u00fd t\u01b0\u1edfng, ph\u1ea3i ch\u0103ng trung t\u00e2m t\u00e0i ch\u00ednh London s\u1ebd l\u1ee5i t\u00e0n? C\u00f3 th\u1ec3 kh\u00f4ng. Theo m\u1ed9t s\u1ed1 lu\u1eadt s\u01b0, trung t\u00e2m t\u00e0i ch\u00ednh London c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c c\u1ee9u v\u00e3n nh\u1edd lu\u1eadt EU s\u1eafp ban h\u00e0nh g\u1ecdi l\u00e0 Ch\u1ec9 th\u1ecb C\u00e1c th\u1ecb tr\u01b0\u1eddng C\u00f4ng c\u1ee5 T\u00e0i ch\u00ednh (MiFID 2). Theo ch\u1ec9 th\u1ecb n\u00e0y, nhi\u1ec1u quy\u1ec1n \u201cpassport\u201d c\u1ee7a c\u00e1c c\u00f4ng ty t\u00e0i ch\u00ednh c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c m\u1edf r\u1ed9ng cho c\u00e1c t\u1eadp \u0111o\u00e0n t\u1eeb c\u00e1c n\u01b0\u1edbc kh\u00f4ng thu\u1ed9c EU.<\/p>\n

T\u1ea5t nhi\u00ean c\u00f3 nhi\u1ec1u h\u1ea1n ch\u1ebf. Th\u1ee9 nh\u1ea5t, MiFID 2 ch\u1ec9 c\u1ea5p quy\u1ec1n \u201cpassport\u201d cho m\u1ed9t s\u1ed1 s\u1ea3n ph\u1ea9m v\u00e0 d\u1ecbch v\u1ee5. Nhi\u1ec1u m\u1ea3ng quan tr\u1ecdng kh\u00f4ng \u0111\u01b0\u1ee3c quy\u1ec1n n\u00e0y, ch\u1eb3ng h\u1ea1n qu\u1ea3n l\u00fd \u0111\u1ea7u t\u01b0, b\u1ea3o hi\u1ec3m, cho vay doanh nghi\u1ec7p v\u00e0 nh\u1eadn ti\u1ec1n g\u1edfi, l\u01b0u k\u00fd to\u00e0n c\u1ea7u v\u00e0 qu\u1ea3n l\u00fd t\u00e0i s\u1ea3n c\u00e1 nh\u00e2n, to\u00e0n nh\u1eefng s\u1edf tr\u01b0\u1eddng c\u1ee7a trung t\u00e2m t\u00e0i ch\u00ednh London.<\/p>\n

Th\u1ee9 hai l\u00e0 v\u1ea5n \u0111\u1ec1 th\u1eddi gian. MiFID 2 s\u1ebd c\u00f3 hi\u1ec7u l\u1ef1c v\u00e0o n\u0103m 2018, c\u00f3 th\u1ec3 l\u00e0 th\u1eddi \u0111i\u1ec3m \u0111\u1eb9p, kh\u1edbp v\u1edbi l\u00fac k\u1ebft th\u00fac h\u1ea1n ch\u00f3t 2 n\u0103m \u0111\u1ec3 \u0111\u00e0m ph\u00e1n vi\u1ec7c V\u01b0\u01a1ng qu\u1ed1c Anh r\u1eddi kh\u1ecfi EU. Tuy nhi\u00ean, \u0111\u1ec3 \u0111\u1ee7 ti\u00eau chu\u1ea9n h\u01b0\u1edfng quy\u1ec1n n\u00e0y, m\u1ed9t qu\u1ed1c gia ph\u1ea3i \u0111\u01b0\u1ee3c \u0111\u00e1nh gi\u00e1 l\u00e0 c\u00f3 ch\u1ebf \u0111\u1ed9 qu\u1ea3n l\u00fd nh\u00e0 n\u01b0\u1edbc t\u01b0\u01a1ng \u0111\u01b0\u01a1ng, v\u00e0 Brussels c\u00f3 th\u1ec3 ch\u1ec9 m\u1edbi b\u1eaft \u0111\u1ea7u \u0111\u00e1nh gi\u00e1 t\u1eeb n\u0103m 2018 — t\u1ea1o ra m\u1ed9t kho\u1ea3ng th\u1eddi gian tr\u1ed1ng kh\u00e1 d\u00e0i gi\u1eefa th\u1eddi \u0111i\u1ec3m Brexit v\u00e0 l\u00fac c\u00f3 th\u1ec3 b\u1eaft \u0111\u1ea7u khung th\u1eddi gian \u0111\u00f3.<\/p>\n

Cu\u1ed1i c\u00f9ng, c\u00f3 th\u1ec3 c\u00f3 s\u1ef1 ph\u1ea3n \u0111\u1ed1i ch\u00ednh tr\u1ecb m\u1ea1nh m\u1ebd \u1edf c\u00e1c n\u01b0\u1edbc Ch\u00e2u \u00c2u kh\u00e1c v\u1ec1 vi\u1ec7c cho ph\u00e9p c\u00e1c ng\u00e2n h\u00e0ng V\u01b0\u01a1ng qu\u1ed1c Anh c\u00f3 quy\u1ec1n ti\u1ebfp c\u1eadn kh\u00f4ng h\u1ea1n ch\u1ebf \u0111\u1ed1i v\u1edbi th\u1ecb tr\u01b0\u1eddng chung. \u1ee6y h\u1ed9i Ch\u00e2u \u00c2u c\u00f3 th\u1ec3 quy\u1ebft \u0111\u1ecbnh \u0111\u00e1nh gi\u00e1 r\u1eb1ng V\u01b0\u01a1ng qu\u1ed1c Anh kh\u00f4ng \u0111\u00e1p \u1ee9ng c\u00e1c ti\u00eau chu\u1ea9n v\u1ec1 t\u01b0\u01a1ng \u0111\u01b0\u01a1ng, nh\u1ea5t l\u00e0 n\u1ebfu V\u01b0\u01a1ng qu\u1ed1c Anh quy\u1ebft \u0111\u1ecbnh b\u1ecf m\u1ed9t s\u1ed1 lu\u1eadt EU, v\u00ed d\u1ee5 gi\u1edbi h\u1ea1n v\u1ec1 m\u1ee9c b\u1ed5ng l\u1ed9c c\u1ee7a gi\u1edbi ng\u00e2n h\u00e0ng.<\/p>\n

T\u1ea1m th\u1eddi s\u1ebd ch\u01b0a c\u00f3 g\u00ec thay \u0111\u1ed5i. V\u01b0\u01a1ng qu\u1ed1c Anh s\u1ebd c\u00f2n \u1edf trong EU \u00edt nh\u1ea5t hai n\u0103m n\u1eefa trong khi th\u01b0\u01a1ng l\u01b0\u1ee3ng c\u00e1c \u0111i\u1ec1u kho\u1ea3n r\u1eddi kh\u1ecfi kh\u1ed1i li\u00ean hi\u1ec7p n\u00e0y. C\u00e1c ng\u00e2n h\u00e0ng v\u1eabn ch\u01b0a d\u00e0nh nhi\u1ec1u th\u1eddi gian l\u1eadp k\u1ebf ho\u1ea1ch d\u1ef1 ph\u00f2ng: cho t\u1edbi khi Brexit l\u00e0 chuy\u1ec7n ch\u1eafc ch\u1eafn, ch\u1eb3ng c\u00f3 l\u00fd do g\u00ec ph\u1ea3i l\u00e0m v\u1eady. Nh\u01b0ng nay h\u1ecd s\u1ebd ph\u1ea3i b\u1eaft \u0111\u1ea7u h\u00e0nh \u0111\u1ed9ng. M\u1ed9t s\u1ed1 ng\u00e2n h\u00e0ng \u0111\u00e3 h\u1eb9n g\u1eb7p lu\u1eadt s\u01b0 c\u1ee7a h\u1ecd t\u1eeb l\u00e2u, \u0111\u1ec3 ph\u00f2ng h\u1edd.<\/p>\n

Gi\u00e3 t\u1eeb London?<\/b><\/p>\n

Tr\u01b0\u1edbc khi di\u1ec5n ra b\u1ecf phi\u1ebfu Brexit, c\u00e1c ng\u00e2n h\u00e0ng l\u1edbn nh\u01b0 JPMorgan Chase v\u00e0 HSBC c\u1ea3nh b\u00e1o r\u1eb1ng h\u00e0ng ng\u00e0n vi\u1ec7c l\u00e0m s\u1ebd \u0111\u01b0\u1ee3c chuy\u1ec3n ra kh\u1ecfi V\u01b0\u01a1ng qu\u1ed1c Anh. Jamie Dimon, t\u1ed5ng gi\u00e1m \u0111\u1ed1c JPMorgan Chase, h\u1ed3i th\u00e1ng 6 n\u00f3i r\u1eb1ng c\u00f3 th\u1ec3 m\u1ea5t b\u1edbt vi\u1ec7c l\u00e0m. H\u00f4m 24-6, HSBC, JPMorgan Chase v\u00e0 Goldman Sachs (hi\u1ec7n \u0111ang x\u00e2y d\u1ef1ng m\u1ed9t tr\u1ee5 s\u1edf khu v\u1ef1c m\u1edbi \u1edf London) \u0111\u1ec1u kh\u00f4ng nh\u1ea5n m\u1ea1nh c\u00e1c \u1ea3nh h\u01b0\u1edfng kh\u1ea3 d\u0129 c\u1ee7a Brexit. Jamie Dimon nh\u1eafn nh\u1ee7 v\u1edbi nh\u00e2n vi\u00ean r\u1eb1ng b\u1ea5t ch\u1ea5p k\u1ebft qu\u1ea3 b\u1ecf phi\u1ebfu Brexit, JPMorgan Chase s\u1ebd duy tr\u00ec m\u1ee9c \u0111\u1ed9 ho\u1ea1t \u0111\u1ed9ng \u1edf London, Bournemouth v\u00e0 Scotland. M\u1ed9t ph\u00e1t ng\u00f4n vi\u00ean c\u1ee7a Morgan Stanley b\u00e1c b\u1ecf m\u1ed9t tin cho r\u1eb1ng ng\u00e2n h\u00e0ng n\u00e0y \u0111\u00e3 b\u1eaft \u0111\u1ea7u qu\u00e1 tr\u00ecnh chuy\u1ec3n 2.000 nh\u00e2n vi\u00ean ng\u00e2n h\u00e0ng \u0111\u1ea7u t\u01b0 ra kh\u1ecfi London.<\/p>\n

Theo t\u1edd Financial Times<\/i>, sau khi c\u00f3 k\u1ebft qu\u1ea3 b\u1ecf phi\u1ebfu, m\u1ed9t s\u1ed1 ng\u00e2n h\u00e0ng, nh\u1ea5t l\u00e0 c\u00e1c ng\u00e2n h\u00e0ng l\u1edbn c\u1ee7a M\u1ef9, \u0111\u00e3 kh\u1edfi \u0111\u1ed9ng c\u00e1c k\u1ebf ho\u1ea1ch d\u1ef1 ph\u00f2ng v\u00e0 li\u00ean h\u1ec7 c\u00e1c c\u01a1 quan qu\u1ea3n l\u00fd nh\u00e0 n\u01b0\u1edbc \u0111\u1ec3 t\u00ecm hi\u1ec3u v\u1ec1 gi\u1ea5y ph\u00e9p c\u1ea7n \u0111\u1ec3 ho\u1ea1t \u0111\u1ed9ng \u1edf n\u01b0\u1edbc kh\u00e1c ngo\u00e0i V\u01b0\u01a1ng qu\u1ed1c Anh. Gi\u1edbi qu\u1ea3n l\u00fd c\u00e1c ng\u00e2n h\u00e0ng \u0111ang chu\u1ea9n b\u1ecb \u0111\u1ec3 r\u1ed1t cu\u1ed9c chuy\u1ec3n sang c\u00e1c n\u01b0\u1edbc kh\u00e1c.<\/p>\n

C\u00e1c ng\u00e2n h\u00e0ng l\u1edbn c\u1ee7a M\u1ef9 — JPMorgan Chase, Goldman Sachs, Bank of America, Citigroup v\u00e0 Morgan Stanley — c\u00f3 h\u00e0ng ch\u1ee5c ng\u00e0n nh\u00e2n vi\u00ean \u1edf V\u01b0\u01a1ng qu\u1ed1c Anh. Nay h\u1ecd \u0111ang chu\u1ea9n b\u1ecb chuy\u1ec3n m\u1ed9t s\u1ed1 m\u1ea3ng ho\u1ea1t \u0111\u1ed9ng sang c\u00e1c th\u00e0nh ph\u1ed1 nh\u01b0 Paris, Frankfurt v\u00e0 Dublin. Nh\u01b0ng ph\u1ea7n l\u1edbn v\u1eabn thi\u1ebfu gi\u1ea5y ph\u00e9p \u0111\u1ec3 th\u1ef1c hi\u1ec7n nhi\u1ec1u ho\u1ea1t \u0111\u1ed9ng m\u00e0 hi\u1ec7n nay \u0111ang l\u00e0m t\u1ea1i London.<\/p>\n

H\u1ed3i th\u00e1ng 2, Stuart Gulliver, t\u1ed5ng gi\u00e1m \u0111\u1ed1c HSBC, n\u00f3i ng\u00e2n h\u00e0ng n\u00e0y s\u1ebd chuy\u1ec3n 1.000 trong s\u1ed1 5.000 nh\u00e2n vi\u00ean trong m\u1ea3ng ng\u00e2n h\u00e0ng \u0111\u1ea7u t\u01b0 \u1edf V\u01b0\u01a1ng qu\u1ed1c Anh sang Paris n\u1ebfu Brexit x\u1ea3y ra. C\u00e1c ng\u00e2n h\u00e0ng V\u01b0\u01a1ng qu\u1ed1c Anh kh\u00e1c, nh\u01b0 Barclays, Royal Bank of Scotland v\u00e0 Lloyds Banking Group, c\u0169ng c\u00f3 th\u1ec3 c\u1ea7n ph\u1ea3i t\u0103ng c\u01b0\u1eddng s\u1ef1 hi\u1ec7n di\u1ec7n \u1edf Ch\u00e2u \u00c2u b\u00ean ngo\u00e0i V\u01b0\u01a1ng qu\u1ed1c Anh.<\/p>\n

Nhi\u1ec1u c\u00f4ng ty qu\u1ea3n l\u00fd \u0111\u1ea7u t\u01b0 l\u1edbn c\u0169ng \u0111ang r\u1ed1t r\u00e1o l\u00ean k\u1ebf ho\u1ea1ch gi\u1ea3m b\u1edbt m\u1ee9c \u0111\u1ed9 ph\u1ee5 thu\u1ed9c v\u00e0o London. M&G, Columbia Threadneedle, Legg Mason, Fidelity International v\u00e0 T Rowe Price \u0111\u1ec1u c\u00f3 \u00fd \u0111\u1ecbnh chuy\u1ec3n nh\u00e2n vi\u00ean ra kh\u1ecfi London, t\u0103ng nh\u00e2n s\u1ef1 \u1edf EU ho\u1eb7c l\u1eadp qu\u1ef9 \u1edf c\u00e1c n\u01b0\u1edbc EU l\u00e1ng gi\u1ec1ng v\u00ec lo kh\u00f4ng \u0111\u01b0\u1ee3c huy \u0111\u1ed9ng v\u1ed1n \u1edf Ch\u00e2u \u00c2u.<\/p>\n

Ch\u01b0a c\u00f3 c\u00f4ng ty qu\u1ea3n l\u00fd \u0111\u1ea7u t\u01b0 n\u00e0o tuy\u00ean b\u1ed1 s\u1ebd d\u1eddi tr\u1ee5 s\u1edf ch\u00ednh ra kh\u1ecfi London, nh\u01b0ng h\u00f4m 5-7 Hi\u1ec7p h\u1ed9i \u0110\u1ea7u t\u01b0, t\u1ed5 ch\u1ee9c \u1edf London \u0111\u1ea1i di\u1ec7n cho c\u00e1c c\u00f4ng ty qu\u1ea3n l\u00fd \u0111\u1ea7u t\u01b0 \u1edf V\u01b0\u01a1ng qu\u1ed1c Anh, t\u1ed5 ch\u1ee9c m\u1ed9t h\u1ed9i ngh\u1ecb \u0111\u1eb7c bi\u1ec7t c\u1ee7a th\u00e0nh vi\u00ean \u0111\u1ec3 b\u00e0n c\u00e1ch \u1ee9ng ph\u00f3 v\u1edbi h\u1ec7 l\u1ee5y c\u1ee7a k\u1ebft qu\u1ea3 b\u1ecf phi\u1ebfu Brexit.<\/p>\n

N\u1ed7i quan ng\u1ea1i l\u1edbn l\u00e0 Brexit s\u1ebd \u0111e d\u1ecda v\u1ecb th\u1ebf c\u1ee7a V\u01b0\u01a1ng qu\u1ed1c Anh l\u00e0 trung t\u00e2m qu\u1ea3n l\u00fd \u0111\u1ea7u t\u01b0 l\u1edbn th\u1ee9 nh\u00ec th\u1ebf gi\u1edbi sau M\u1ef9. C\u00e1c c\u00f4ng ty \u0111\u1ea7u t\u01b0 \u0111\u00f3ng \u1edf V\u01b0\u01a1ng qu\u1ed1c Anh qu\u1ea3n l\u00fd t\u00e0i s\u1ea3n \u0111\u1ea7u t\u01b0 tr\u1ecb gi\u00e1 5,5 ng\u00e0n t\u1ef7 b\u1ea3ng Anh v\u00e0 c\u00f3 35.000 nh\u00e2n vi\u00ean. Kho\u1ea3ng 25.000 ng\u01b0\u1eddi l\u00e0m vi\u1ec7c cho c\u00e1c c\u00f4ng ty c\u00f3 li\u00ean quan.<\/p>\n

Dublin v\u00e0 Luxembourg \u0111\u00e3 b\u1eaft \u0111\u1ea7u c\u1ed1 g\u1eafng chi\u00eau d\u1ee5 c\u00e1c c\u00f4ng ty r\u1eddi kh\u1ecfi London. Hi\u1ec7p h\u1ed9i th\u1ecb tr\u01b0\u1eddng qu\u1ef9 \u0111\u1ea7u t\u01b0 c\u1ee7a Luxembourg \u0111\u00e3 th\u00e0nh l\u1eadp m\u1ed9t nh\u00f3m c\u00f4ng t\u00e1c chuy\u00ean tr\u00e1ch v\u1ec1 Brexit v\u1edbi m\u1ee5c ti\u00eau thu h\u00fat c\u00e1c c\u00f4ng ty qu\u1ea3n l\u00fd \u0111\u1ea7u t\u01b0 sang n\u01b0\u1edbc n\u00e0y. T\u1ed5 ch\u1ee9c ng\u00e0nh ngh\u1ec1 Irish Funds \u0111\u00e3 giao cho 38 nh\u00f3m c\u00f4ng t\u00e1c hi\u1ec7n c\u00f3 c\u1ee7a m\u00ecnh nhi\u1ec7m v\u1ee5 t\u00ecm hi\u1ec3u c\u00e1ch Ireland c\u00f3 th\u1ec3 h\u01b0\u1edfng l\u1ee3i t\u1eeb vi\u1ec7c V\u01b0\u01a1ng qu\u1ed1c Anh r\u1eddi kh\u1ecfi EU.<\/p>\n

Sau cu\u1ed9c b\u1ecf phi\u1ebfu Brexit, IDA, t\u1ed5 ch\u1ee9c \u0111\u1ea3m tr\u00e1ch thu h\u00fat \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i v\u00e0o Ireland, \u0111\u00e3 vi\u1ebft th\u01b0 cho t\u1ea5t c\u1ea3 c\u00e1c c\u00f4ng ty qu\u1ea3n l\u00fd \u0111\u1ea7u t\u01b0 qu\u1ed1c t\u1ebf c\u00f3 ho\u1ea1t \u0111\u1ed9ng \u1edf n\u01b0\u1edbc n\u00e0y, ng\u1ecf \u00fd s\u1eb5n s\u00e0ng ph\u1ed1i h\u1ee3p v\u1edbi h\u1ecd \u0111\u1ec3 h\u1ed7 tr\u1ee3 ph\u00e1t tri\u1ec3n kinh doanh.<\/p>\n

Fidelity International, c\u00f4ng ty \u0111\u00e3 m\u1edf v\u0103n ph\u00f2ng \u0111\u1ea7u ti\u00ean \u1edf London c\u1ee7a m\u00ecnh v\u00e0o n\u0103m 1973 v\u00e0 qu\u1ea3n l\u00fd t\u00e0i s\u1ea3n tr\u1ecb gi\u00e1 190 t\u1ef7 b\u1ea3ng Anh, th\u00f4ng b\u00e1o s\u1ebd chuy\u1ec3n 100 nh\u00e2n vi\u00ean sang Ireland, nh\u01b0ng cho bi\u1ebft \u0111\u1ee3t thuy\u00ean chuy\u1ec3n n\u00e0y \u0111\u00e3 \u0111\u01b0\u1ee3c ho\u1ea1ch \u0111\u1ecbnh tr\u01b0\u1edbc khi c\u00f3 k\u1ebft qu\u1ea3 Brexit. C\u00f4ng ty hi\u1ec7n c\u00f3 65 nh\u00e2n vi\u00ean \u1edf Dublin.<\/p>\n

Columbia Threadneedle, c\u00f4ng ty \u0111\u00e3 hi\u1ec7n di\u1ec7n \u1edf London t\u1eeb n\u0103m 1995, cho bi\u1ebft s\u1ebd l\u1eadp m\u1ed9t trung t\u00e2m qu\u1ea3n l\u00fd \u0111\u1ea7u t\u01b0 b\u00ean ngo\u00e0i V\u01b0\u01a1ng qu\u1ed1c Anh tr\u01b0\u1edbc khi n\u01b0\u1edbc n\u00e0y ch\u00ednh th\u1ee9c r\u1eddi EU. Trong \u0111\u1ee3t chuy\u1ec3n \u0111\u1ed5i n\u00e0y, c\u00f4ng ty n\u00e0y m\u1edf r\u1ed9ng ho\u1ea1t \u0111\u1ed9ng \u1edf Luxembourg v\u00e0 l\u1ea7n \u0111\u1ea7u ti\u00ean chuy\u1ec3n c\u00e1c gi\u00e1m \u0111\u1ed1c qu\u1ea3n l\u00fd danh m\u1ee5c \u0111\u1ea7u t\u01b0 ra kh\u1ecfi London. Tuy nhi\u00ean, c\u00f4ng ty kh\u1eb3ng \u0111\u1ecbnh kh\u00f4ng d\u1eddi tr\u1ee5 s\u1edf ch\u00ednh kh\u1ecfi London.<\/p>\n

M&G Investments, nh\u00e1nh qu\u1ea3n l\u00fd \u0111\u1ea7u t\u01b0 c\u1ee7a c\u00f4ng ty b\u1ea3o hi\u1ec3m Prudential, cho bi\u1ebft \u0111\u00e3 b\u1eaft \u0111\u1ea7u l\u1eadp c\u00e1c qu\u1ef9 m\u1edbi \u1edf Ireland \u0111\u1ec3 b\u00e1n cho gi\u1edbi \u0111\u1ea7u t\u01b0 Ch\u00e2u \u00c2u \u0111\u1ec3 chu\u1ea9n b\u1ecb cho Brexit. Nh\u00e2n vi\u00ean s\u1ebd \u0111\u01b0\u1ee3c t\u0103ng th\u00eam ho\u1eb7c thuy\u00ean chuy\u1ec3n \u0111\u1ec3 gi\u00e1m s\u00e1t m\u1ea3ng qu\u1ea3n l\u00fd \u0111\u1ea7u t\u01b0 \u1edf Dublin, nh\u01b0ng M&G n\u00f3i r\u1eb1ng c\u00e1c ho\u1ea1t \u0111\u1ed9ng hi\u1ec7n c\u00f3 s\u1ebd kh\u00f4ng b\u1ecb d\u1eddi kh\u1ecfi London. Thay v\u00ec v\u1eady, c\u00e1c qu\u1ef9 \u0111\u1ea7u t\u01b0 gi\u1ed1ng h\u1ec7t s\u1ebd \u0111\u01b0\u1ee3c l\u1eadp \u1edf Dublin d\u00e0nh cho gi\u1edbi \u0111\u1ea7u t\u01b0 ngo\u1ea1i qu\u1ed1c.<\/p>\n

Jonathan Lewis, t\u1ed5ng gi\u00e1m \u0111\u1ed1c Nomura International c\u1ee7a Nh\u1eadt v\u1edbi kho\u1ea3ng 2.600 nh\u00e2n vi\u00ean \u1edf London, n\u00f3i c\u00f4ng ty n\u00e0y s\u1ebd \u0111\u1ee3i xem t\u00ecnh h\u00ecnh ra sao tr\u01b0\u1edbc khi \u0111\u01b0a ra nh\u1eefng quy\u1ebft \u0111\u1ecbnh l\u1edbn v\u1ec1 c\u00e1c \u0111\u1ecba \u0111i\u1ec3m v\u00e0 c\u01a1 c\u1ea5u ho\u1ea1t \u0111\u1ed9ng c\u1ee7a m\u00ecnh. Nh\u01b0ng theo \u00f4ng, k\u1ecbch b\u1ea3n kh\u1ea3 d\u0129 nh\u1ea5t l\u00e0 V\u01b0\u01a1ng qu\u1ed1c Anh s\u1ebd b\u1ecb th\u1ea5t th\u1ebf. \u00d4ng cho r\u1eb1ng ch\u1eb3ng ai d\u00e1m n\u00f3i ch\u1eafc l\u00e0 quy\u1ec1n \u201cpassport\u201d c\u1ee7a V\u01b0\u01a1ng qu\u1ed1c Anh s\u1ebd \u0111\u01b0\u1ee3c ti\u1ebfp t\u1ee5c, v\u00ec c\u1ea3 Th\u1ee5y S\u1ef9 v\u00e0 M\u1ef9 \u0111\u1ec1u kh\u00f4ng c\u00f3 quy\u1ec1n \u0111\u00f3.<\/p>\n

Tuy nhi\u00ean c\u00f3 chuy\u1ec3n th\u00ec c\u0169ng kh\u00f4ng v\u1ed9i v\u00e0ng. Chuy\u1ec3n \u0111\u1ecba \u0111i\u1ec3m c\u1ee7a c\u01a1 s\u1edf v\u00e0 nh\u00e2n l\u1ef1c ng\u00e2n h\u00e0ng \u0111\u1ea7u t\u01b0 l\u00e0 qu\u00e1 tr\u00ecnh t\u1ed1n k\u00e9m v\u00e0 ph\u1ee9c t\u1ea1p. Trong khi London v\u1eabn c\u00f3 nhi\u1ec1u l\u1ee3i th\u1ebf: ng\u00f4n ng\u1eef, h\u1ec7 th\u1ed1ng ph\u00e1p l\u00fd, v\u00e0 ngu\u1ed3n nh\u00e2n t\u00e0i t\u1eeb l\u00e2u \u0111\u00e3 l\u00e0 th\u1ebf m\u1ea1nh c\u1ee7a trung t\u00e2m t\u00e0i ch\u00ednh n\u00e0y, c\u0169ng nh\u01b0 nh\u1eefng s\u1ee9c h\u00fat v\u00f4 h\u00ecnh nh\u01b0 nh\u00e0 \u1edf, tr\u01b0\u1eddng h\u1ecdc, nh\u00e0 h\u00e0ng v\u00e0 c\u00e1c n\u00e9t v\u0103n h\u00f3a h\u1ea5p d\u1eabn. Nhi\u1ec1u chuy\u00ean vi\u00ean giao d\u1ecbch h\u00e0ng \u0111\u1ea7u s\u1ebd c\u00e2n nh\u1eafc li\u1ec7u c\u00f3 mu\u1ed1n s\u1ed1ng \u1edf Frankfurt hay Dublin hay kh\u00f4ng.<\/p>\n

London h\u1eb3n nhi\u00ean qu\u00e1 l\u1edbn, v\u00e0 c\u00f3 s\u1ee9c h\u00fat qu\u00e1 m\u1ea1nh n\u00ean kh\u00f3 c\u00f3 ng\u00e2n h\u00e0ng l\u1edbn n\u00e0o r\u00fat ho\u00e0n to\u00e0n. Ngo\u00e0i chuy\u00ean m\u00f4n ng\u00e2n h\u00e0ng, London c\u00f3 nhi\u1ec1u ng\u00e0nh ngh\u1ec1 ph\u1ee5 tr\u1ee3 kh\u00e1c nh\u01b0 k\u1ebf to\u00e1n, lu\u1eadt v\u00e0 t\u01b0 v\u1ea5n. Brexit v\u1eabn c\u00f3 th\u1ec3 khi\u1ebfn ng\u00e0nh t\u00e0i ch\u00ednh c\u1ee7a Ch\u00e2u \u00c2u ph\u00e2n t\u00e1n. Chuy\u1ec3n m\u1ed9t s\u1ed1 ho\u1ea1t \u0111\u1ed9ng sang n\u01a1i kh\u00e1c c\u00f3 th\u1ec3 l\u00e0 chuy\u1ec7n h\u1ee3p l\u00fd. C\u00e1c c\u01a1 quan qu\u1ea3n l\u00fd c\u1ee7a EU c\u00f3 th\u1ec3 b\u1eaft bu\u1ed9c c\u00e1c ng\u00e2n h\u00e0ng chuy\u1ec3n nh\u00e2n s\u1ef1 v\u00e0 v\u1ed1n sang Ph\u00e1p ho\u1eb7c Ireland. John Cryan, t\u1ed5ng gi\u00e1m \u0111\u1ed1c Deutsche Bank, \u0111\u00e3 n\u00f3i r\u1eb1ng s\u1ebd \u201ck\u1ef3 c\u1ee5c\u201d n\u1ebfu giao d\u1ecbch \u0111\u1ed3ng euro v\u00e0 c\u00f4ng tr\u00e1i EU \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n \u1edf m\u1ed9t chi nh\u00e1nh b\u00ean ngo\u00e0i EU. Nhi\u1ec1u ng\u01b0\u1eddi ngh\u0129 r\u1eb1ng vi\u1ec7c thanh to\u00e1n b\u00f9 tr\u1eeb cho c\u00e1c giao d\u1ecbch euro \u1edf London s\u1ebd tr\u1edf n\u00ean kh\u00f3 kh\u0103n h\u01a1n.<\/p>\n

Trung t\u00e2m t\u00e0i ch\u00ednh London s\u1ebd kh\u00f4ng s\u1ee5p \u0111\u1ed5, nh\u01b0ng c\u00f3 th\u1ec3 m\u1ea5t m\u1ed9t s\u1ed1 m\u1ea3ng l\u00e0m \u0103n v\u1ec1 tay c\u00e1c trung t\u00e2m t\u00e0i ch\u00ednh kh\u00e1c nh\u1ecf h\u01a1n, nh\u01b0 Paris, Frankfurt, Dublin v\u00e0 Luxembourg. L\u1ee3i \u00edch kinh t\u1ebf nh\u1edd quy m\u00f4 c\u1ee7a V\u01b0\u01a1ng qu\u1ed1c Anh s\u1ebd b\u1ecb gi\u1ea3m, trong khi c\u00e1c n\u01a1i kh\u00e1c s\u1ebd qu\u00e1 nh\u1ecf n\u00ean l\u1ee3i b\u1ea5t c\u1eadp h\u1ea1i. Do v\u1eabn \u0111ang c\u1ed1 g\u1eafng kh\u1eafc ph\u1ee5c t\u00e1m n\u0103m sau kh\u1ee7ng ho\u1ea3ng t\u00e0i ch\u00ednh v\u00e0 \u0111\u01b0\u01a1ng \u0111\u1ea7u v\u1edbi c\u00e1c c\u01a1 quan qu\u1ea3n l\u00fd l\u1eafm \u0111\u00f2i h\u1ecfi v\u00e0 c\u00e1c c\u1ed5 \u0111\u00f4ng thi\u1ebfu ki\u00ean nh\u1eabn, c\u00e1c ng\u00e2n h\u00e0ng l\u1edbn c\u1ee7a th\u1ebf gi\u1edbi ch\u1eafc ch\u1eafn ch\u1eb3ng l\u1ea5y l\u00e0m vui tr\u01b0\u1edbc nh\u1eefng ph\u00ed t\u1ed5n v\u00e0 s\u1ef1 gi\u00e1n \u0111o\u1ea1n do Brexit g\u00e2y ra.<\/p>\n

(T\u1ed5ng h\u1ee3p t\u1eeb Der Spiegel, <\/i>v\u00e0 Financial Times<\/i>, The Economist<\/i>)<\/p>\n

\u00a9\u00a02016 Ph\u1ea1m V\u0169 L\u1eeda H\u1ea1<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

V\u1edbi nh\u1eefng ch\u00ednh s\u00e1ch c\u1ea3i c\u00e1ch \u201cBig Bang\u201d th\u1eddi Thatcher, London th\u1eafng l\u1edbn khi \u0111\u1eb7t c\u01b0\u1ee3c v\u00e0o to\u00e0n c\u1ea7u h\u00f3a, tr\u1edf th\u00e0nh trung t\u00e2m t\u00e0i ch\u00ednh quan tr\u1ecdng nh\u1ea5t th\u1ebf gi\u1edbi. Nh\u01b0ng Brexit c\u00f3 th\u1ec3 g\u00e2y nguy h\u1ea1i cho v\u1ecb th\u1ebf \u0111\u00f3.<\/p>\n","protected":false},"author":2,"featured_media":5254,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false},"categories":[4,5],"tags":[473],"jetpack_featured_media_url":"https:\/\/i2.wp.com\/lendongxuongdoai.info\/wp-content\/uploads\/2016\/07\/banks_hq-e1472175344139.jpg?fit=360%2C220&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p7qNYI-1mI","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/lendongxuongdoai.info\/index.php?rest_route=\/wp\/v2\/posts\/5252"}],"collection":[{"href":"https:\/\/lendongxuongdoai.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lendongxuongdoai.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lendongxuongdoai.info\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/lendongxuongdoai.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5252"}],"version-history":[{"count":8,"href":"https:\/\/lendongxuongdoai.info\/index.php?rest_route=\/wp\/v2\/posts\/5252\/revisions"}],"predecessor-version":[{"id":5263,"href":"https:\/\/lendongxuongdoai.info\/index.php?rest_route=\/wp\/v2\/posts\/5252\/revisions\/5263"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lendongxuongdoai.info\/index.php?rest_route=\/wp\/v2\/media\/5254"}],"wp:attachment":[{"href":"https:\/\/lendongxuongdoai.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lendongxuongdoai.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lendongxuongdoai.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}