> It's also not that clear that Brexit will force finance away from London, which is well entrenched. There is a good case for the EU to forbid banks doing EUR

> It's also not that clear that Brexit will force finance away from London, which is well entrenched. There is a good case for the EU to forbid banks doing EUR operations (at least those intended to trade with The eurozone) outside the EU. The UK will probably intensify operations with tax heavens (or become a tax heaven itself), so the EU will be well advised to supervise financtial transactions to/from the UK.