Brexit and its possible repercussions for the City of London are unlikely to be an issue for financial stability or the financing of the EU’s real economy. The financial sector has proven to be flexible in the past, and I am in no doubt that it will adapt and come to terms with any changes the negotiations might bring. 4.
Importance and boundaries of politics Ladies and gentlemen, I have given you an impression of the role I see for supervisors and 3/4  BIS central bankers' speeches  central banks. Of course, there is another party from the public sector that plays a role: politicians.