The City gets exactly the same amount of scrutiny by financial supervisors, FCA etc as the rest of the nation. The city is special in a political sense in that the resident companies rather than resident citizens are the majority of the voters and steer the borough-level politics - but like any other county council, the CoLC doesn&#x27;t set regulation, determine taxation, supervise banks or anything of that sort. That is all done by parliament, and applies for the City same as for the rest of the country.