BOE's Carney Avoids Glass Half Empty Brexit Bank View

The transcript discusses the operation of cross-border capital flows, particularly foreign capital in the UK, and the role of bank branches and subsidiaries in global financial centers. It highlights the cooperation between US and UK financial authorities, especially in risk management and supervision. The discussion also covers the implications of Brexit on European banks operating in London and the importance of maintaining financial stability during the transition period.

What challenges are faced in the context of post-Brexit negotiations?

How does the current system in Europe allow for risk management?