BOE gov Carney in a scheduled speech in London 7April

  • Brexit talks will act as a litmus test for responsible financial globalisation
  • global fin system at a fork in the road
  • the risk is that countries turn inward
  • contingency planning is uneven across UK firms
  • all firms with cross border activity must have contingency plans
  • must submit a short summary of plans to BOE by 14 July

Speech at Thomson Reuters entitled "The high road to a responsible, open financial system"

Nothing on mon pol but there may be a Q&A so I'll keep an eye out for that

GBP understandably unfazed atm

Full speech here

Live broadcast here

Carney- Brexit talks will be a litmus test