Semi-formal supervisory colleges of internationally active banks will gain in importance when the United Kingdom leaves the European Union. This will be all the more true if and when regulatory standards diverge. I have no blueprint for you.
In a first step, I think it is vital to acknowledge that, even with some degree of divergence, we should not forget how important it is to remember the repercussions for global and national financial stability if we do not cooperate. This sometimes means that we should accept solutions that are not in our immediate interest. This concerns, not least, the issue of protectionism.