Written Question on Financial Services: UK Relations With EU

Written Questions are submitted by MPs or Lords to receive information from a Department.

See more on: "Financial Services: UK Relations With EU"
Date Title Questioner
27 May 2020, 11:38 a.m. Nickie Aiken (Conservative - Cities of London and Westminster) Nickie Aiken (Conservative - Cities of London and Westminster)

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what progress the (a) UK and (b) EU has made in concluding equivalence assessments for financial services by the June 2020 deadline set out in the Political Declaration on the future relationship with the EU.

Answered by John Glen - Economic Secretary (HM Treasury)

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, and collecting information from the corresponding authorities.

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