Financial Services: UK Relations with EU

(asked on 29th September 2020) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what recent progress he has made on achieving equivalence for British financial services in the EU from 1 January 2021.


Answered by
John Glen Portrait
John Glen
Paymaster General and Minister for the Cabinet Office
This question was answered on 6th October 2020

Equivalence assessments are a technical process that each side is carrying out separately, distinct from the financial services negotiations in the FTA. The UK has completed its assessments for the EU following constructive engagement with our regulators, and will make decisions for the EU where it makes sense to do so.

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