will face not just one entity with the e.u., the two entities and more immediately you have lost jonathan haleas your point then over there. >> you know, we have worked hard over the last three and a half years that i've been at treasury. for the number of years before that, to work with the fsb, to promote high standards and financial regulatory approaches around the world, we have worked bilaterally with the bank of england, with european institutions, with institutions in other parts of the world. we will continue to engage with our counterparts. we should all walk away from this last week with a heightened understanding the benefits of having high standards. high standards of capital, resolution. there's nothing we declare a job done. and they won't say exactly as the days. they will continue to evolve. this increase in discussion amongst financial authorities and the challenges of the future both in terms these conversations have been going on and will continue to go on. we have had robust mechanisms to continue to work internationally to have high standards. >> i want to wrap it up with