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When tensions occur and risks materialise, the interests of a foreign financial centre might take priority over those of the currency area itself, that can be acceptable only if, and as long as, the UK is a member of the EU, and accepts the involvement of, and co-operation with, the European regulatory agencies.

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    Quiz

    Are you a quotes master?

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    "Who steals my purse steals trash; But he that filches from me my good name robs me of that which not enriches him and makes me poor indeed."
    A Julius Caesar
    B lincoln
    C Othello
    D Marcus Aurelius