Hello, welcome back to Emlex's weekly podcast. We cover the most important regulatory issues of the week with the assistance of our team of reporters around the globe.

James Panicki with you, it's great to have your company.

Now, it's not the first time that we talk about Brexit on this podcast,

and I'm guessing it won't be the last.

How is that possible, I hear you ask?

The referendum was, after all, held in June 2016,

and here we still are grappling with the fallout.

And with every day that passes, it seems that the discussion about the economic impact of

the UK's decision to leave the European Union is increasingly focused on regulation.

Why is that?

So the premise of Brexit was that the UK would free itself of burdensome EU regulation,

a benefit referred to as the Brexit dividend. Has the government been able to deliver that dividend?

Well, not according to some businesses that say the regulation is still getting in the way along with the regulators.

Luckily for us, our MMEX colleagues in London have written a piece of analysis on how this

regulatory battle is unfolding. Two of the authors of that analysis, join me now.

Phoebe Sears covers financial crime and financial services.

Jacob Gruber writes about data privacy and security as well as future mobility, and they

join us now.

Jacob, firstly, what do you think companies might have expected from this so-called Brexit

dividend and what has actually been the experience of business in the UK since it left the EU?

So one of the main promises of the Brexit campaign and the Brexit referendum was all about

making regulations more agile, more business-friendly, you know, removing rettape,

...