Lords EU Committee to question the Bank of England and Financial Conduct Authority on financial services after Brexit
What are the outstanding Brexit-related risks for the UK financial sector? How might the UK take a different approach to financial regulation after Brexit? What should be the future UK-EU relationship in financial services?
These are some of the questions the House of Lords EU Financial Affairs Sub-Committee will be asking a panel of witnesses on Wednesday 12 February 2020 at 10:15am.
The Committee will hear from:
- Andrew Bailey, Chief Executive Officer, Financial Conduct Authority (FCA)
- Nausicaa Delfas, Executive Director of International, FCA
- Sam Woods, Deputy Governor for Prudential Regulation and Chief Executive Officer of the Prudential Regulation Authority, Bank of England
Other questions will include:
- What are the potential risks and opportunities of the UK maintaining close regulatory alignment with the EU?
- What opportunities are there for the UK to diverge from current or future EU rules?
- How might the UK take a different approach to financial regulation after Brexit?
- What are the scrutiny and accountability issues associated with giving greater powers to the UK financial regulators?
- What discussions have you had with other third countries as part of the Government's Global Financial Partnerships Strategy?
This evidence session, which is open to the public, will take place at 10.15am on Wednesday 12 February 2020 in Committee Room 4A of the House of Lords.