1st Report - The UK-EU relationship in financial services
- HC No.
- —
- Published
- 23 Jun 2022
- Items
- 0
- Response
- Response document linked Read government response ↗
Select Committee · European Affairs Committee
UK-EU relationship in financial services
Status: Closed
Opened: 3 Feb 2022
Closed: 17 May 2023
1 report
Inquiry scope
The European Affairs Committee is holding an inquiry into the UK-EU relationship in financial services. The inquiry will examine the impact so far on the UK financial services sector of the UK’s exit from the Single Market; the impact of the absence of a functioning framework for UK-EU regulatory cooperation; the future of cross-border financial services in the absence of equivalence; and the impact of regulatory divergence and agreements with third countries on UK-EU financial services trade.Reports
Oral evidence sessions
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| Date | Session and witnesses | Source |
|---|---|---|
| 26 Apr 2022 | John Glen · HM Treasury, Richard Knox · Financial services | View ↗ |
| 5 Apr 2022 | Michael Dobson · Schroders plc, Stephane Boujnah · Euronext | View ↗ |
| 29 Mar 2022 | Lord Hill of Oareford · European Commission | View ↗ |
| 22 Mar 2022 | Edwin Schooling Latter · Financial Conduct Authority, Nathanaël Benjamin · Prudential Regulation Authority, Richard Fox · Financial Conduct Authority, Sam Woods · Prudential Regulation Authority | View ↗ |
| 15 Mar 2022 | Andrew Pilgrim · EY, Caroline Dawson · Clifford Chance LLP, Peter Bevan · Linklaters | View ↗ |
| 7 Mar 2022 | Sir Jon Cunliffe · Bank of England | View ↗ |
| 8 Feb 2022 | Dr Gerard Lyons · Policy Exchange, Miles Celic · TheCityUK, Rachel Kent · Financial Institutions Group, Hogan Lovells | View ↗ |
Who gave evidence
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| Witness | Organisation | Sessions |
|---|---|---|
| Andrew Pilgrim · UK Government & Financial Services Leader | EY | 1 |
| Caroline Dawson · Partner | Clifford Chance LLP | 1 |
| Dr Gerard Lyons · Senior Fellow | Policy Exchange | 1 |
| Edwin Schooling Latter · Director of Markets and Wholesale Policy and Wholesale Supervision | Financial Conduct Authority | 1 |
| John Glen · Minister of State (Economic Secretary) | HM Treasury | 1 |
| Lord Hill of Oareford · former Commissioner for Financial Stability, Financial Services and Capital Markets Union | European Commission | 1 |
| Michael Dobson · Chairman | Schroders plc | 1 |
| Miles Celic · Chief Executive Officer | TheCityUK | 1 |
| Nathanaël Benjamin · Executive Director for Authorisations, Reg Tech and International Supervision | Prudential Regulation Authority | 1 |
| Peter Bevan · Partner | Linklaters | 1 |
| Rachel Kent · Partner, Head | Financial Institutions Group, Hogan Lovells | 1 |
| Richard Fox · Director of International | Financial Conduct Authority | 1 |
| Richard Knox · HMT Director | Financial services | 1 |
| Sam Woods · CEO | Prudential Regulation Authority | 1 |
| Sir Jon Cunliffe · Deputy Governor for Financial Stability | Bank of England | 1 |
| Stephane Boujnah · CEO and Chairman of the Managing Board | Euronext | 1 |
Meetings & visits
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| Date | Type | Detail | Source |
|---|---|---|---|
| 24 May 2022 | Formal meeting (private meeting) | — · Committee Room G | |
| 17 May 2022 | Formal meeting (private meeting) | — · Room 3, Palace of Westminster |