Thank you for asking me to speak this morning. I was asked many months ago to speak on global regulation in the post-crisis era. It did not occur to me to ask which one. No matter, I have been an enthusiastic supporter of TheCityUK ever since it was set up. It was born of a need for the financial sector in the UK to show some collective leadership at a difficult time following the 2007/8 crisis. It will need to show that leadership again as we come to grips with the consequences of last week's vote. The importance of this is obvious. London is a successful financial hub for not only the UK, but also Europe and throughout the world. These are TheCityUK's own statistics and therefore well known to you.
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