Financial Services: EU Law
(asked on 22nd January 2020) - View Source
Question to the HM Treasury:
What plans the Government has to comply with provisions of the Markets in Financial Institutions Directive on broker dealers after the UK leaves the EU.
This question was answered on 29th January 2020
We will leave the EU on 31 January with the same regulatory rulebook, including Markets in Financial Instruments Directive (MiFID) II regulations on broker dealers, as the EU27. We have brought MiFID II regulations into UK law. Firms will be expected to comply with these UK regulations after the Implementation Period.
The UK is committed to building a strong and mutually beneficial future relationship on Financial Services with the EU after we leave.