20 Dec 2017
BoE's Carney: Cooperation with UK is in best interests of EU and global financial systems
Mark Carney, the Governor of the Bank of England, is presenting November Financial Stability Report before the Treasury Select Committee, with key quotes (via LiveSqauwk) found below.
Cooperation with UK is in best interests of EU and global financial systems.
If this cooperation is not forthcoming, there will be consequences for EU bank in the UK.
Our presumption is that we will continue to have supervisory cooperation with EU after Brexit.