Financial Services: UK Relations with EU

(asked on 18th May 2020) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what discussions have taken place between UK and EU regulators on progressing the 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 Portrait
John Glen
Paymaster General and Minister for the Cabinet Office
This question was answered on 27th May 2020

Equivalence assessments are made unilaterally by both the European Commission and Her Majesty’s Government. HM Treasury have engaged constructively and are working with our UK regulators to support HM Treasury’s ongoing equivalence assessments of the EU.

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