It was not at all certain either at that point whether the financial markets would continue to function properly. Fortunately, despite some minor hitches, payment systems could be kept operational. Even so, the American financial markets did not open again until the seventeenth of September. Since that day, the FED, the ECB and several other central banks have cut their interest rates.
Let me conclude by stressing that while the UK will now leave the EU, other alliances between the continent and the UK will remain in place. Central banks and supervisors on both side of the Channel will continue to coordinate our efforts in the IMF, the FSB, the BIS and other standard-setting bodies.