Skip to main content
Menu

Economic Secretary to face Lords EU Committee questions


How is the Government providing legal certainty to the financial services industry through the Withdrawal Bill process? Could a split domestic/international regulatory regime be workable? Should we be concerned that equivalence decisions may render the UK a rule-taker?

These are among the questions the House of Lords EU Financial Affairs Sub-Committee will be raising with Stephen Barclay MP, Economic Secretary to the Treasury, on Tuesday 5 December 2017.

Questions the Committee is also likely to ask Mr Barclay at 11am include:

  • How will currently in-flight legislation be translated, in particular Acts that have been agreed but are not in force prior to 2019?
  • What are the most significant regulatory barriers to the UK's international competitiveness that Brexit will allow the Government to address?
  • The Chancellor's budget increased the resources of the British Business Bank (BBB) by two-thirds. Is this enough, in light of the anticipated departure of the UK from the European Investment Bank (EIB)?
  • Are you optimistic that Brexit will actually lead to the opportunity for more regulatory tailoring?
  • The Committee has heard evidence that contractual continuity is a key concern for the industry. How is the Government mitigating this risk?

The evidence session will take place from 11am on Tuesday 5 December in Committee Room 4 of the House of Lords.

Latest tweets

Loading...

Subscribe to Lords newsletter

Sign up for the House of Lords newsletter for the latest news, debates and business