The former Director General of the IMF and Governor of the Bank of France, Jacques de Larosière, believes that, realistically, the British regulators should obtain observer status for the work carried out within the European financial supervisory authorities once the UK has left the European Union.
It's a "bit idealistic", but as the financial markets in Europe are particularly developed in the United Kingdom, the British supervisors should be authorised to take part in the work of the...