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EU Financial Affairs Sub-Committee
Report published on 27 January 2018. Government Response published 29 March. Debated on 6 June 2018.
The report highlights the risks of market fragmentation and instability if the UK and EU cannot agree a deal on market access once the UK has left the bloc. The Government must urgently clarify what outcome it wants from phase two of Brexit negotiations and on transitional arrangements, or firms will be forced to activate costly and potentially irreversible contingency plans.
Lords debate report on future of financial regulation and supervision following Brexit