Brits getting toward the end here. Of course, in politics, "the end" always refers to a couple more rounds, but that card has been played ad nauseum at this point. Nevertheless, Boris is giving the "prepare to dive" warning signal and most likely the end is nigh in some form before the end of the year. Trump would help Boris and the Brits with some good trade deals if he were to be re-elected but if Biden is elected not only is American screwed but the Brits lose an ally against the EU. Merkel and Macron will let Joe know that the UK needs to remain on the shiite list and treated as a leper. Not to forget it was Barack Hussein Obama that said that "the UK would go to the back of the line in trade deals/negotiations if they voted for Brexit." Obama, of course, is the same guy who loudly condemned countries that meddled in the elections of other countries. Ditto for the spat between the Aussies and China. Joe's position on that has already been bought and paid for.
ESMA is trying to make things easier for some traders at least. Companies whose stocks are traded in British pounds will be able to continue to trade in the major trade hub of London after the eleven-month adjustment period is over. They won't have to move. They were previously obligated to do so within the borders of the Union, as per legislation from May 2019.