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Financial Services: UK Relations with EU

Question for Treasury

UIN 48631, tabled on 18 May 2020

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 on

27 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.

Answered by

Treasury