Asked by: Baroness Andrews (Labour - Life peer)
Question to the HM Treasury:
To ask Her Majesty's Government what progress has been made towards negotiating each of their intended financial service equivalence regimes with the EU. [T]
Answered by Lord Agnew of Oulton
Equivalence assessments are unilateral processes and thus not part of the ongoing negotiations on the future UK/EU partnership. The UK and EU are currently conducting their own assessments in line with their internal processes, collecting information from the corresponding authorities.