Question to the Department for Exiting the European Union :

To ask Her Majesty's Government what representations they have received from the insurance industry about their proposals for the services sector outlined in The future relationship between the United Kingdom and the European Union (Cm 9593), published in July.

Ministers and officials from my Department and across Government continue to engage broadly across all sectors - including the services industry - and across the UK to hear the business’ priorities and issues relating to our exit.

Representatives from services, including insurance, and other industries met with the Secretary of State and all the ministers in my Department to discuss the proposals made in the White Paper at Chevening House on 20 July.

The proposals outlined in the White Paper set out an ambitious and credible proposition for a close future relationship on financial services with the EU. This would provide stable and predictable access to each other’s markets, while recognising that the UK and the EU will exercise autonomy over regulatory decisions through domestic equivalence processes, and protect financial stability.