Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether he plans to seek a future agreement with the EU on financial services.

The Trade and Cooperation Agreement with the European Union gives legal certainty for financial services firms in line with recent EU precedent and provides a stable foundation for us to develop a constructive and engaged relationship with the EU on financial services, as sovereign equals. Alongside the Agreement, the UK and EU made a joint declaration that we will establish structured regulatory cooperation for financial services and agree by March 2021 a Memorandum of Understanding to provide a framework for this cooperation.