Carney warns on ‘uncomfortable’ Brexit compromise

Bank of England governor Mark Carney
Mark Carney

Bank of England governor Mark Carney warned today (December 4) the UK might become trapped as “rule-taker” in some possible Brexit outcomes, which could put financial stability under threat.

Considerable uncertainty remains over the final shape of the Brexit deal, but the UK could end up agreeing to follow at least some European regulation with little or no say in its design.

“We would be uncomfortable not having some flexibility to ensure [the UK financial system] is appropriately regulated

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: