Practitioners questioned on Brexit and financial services
14 September 2016
The EU Financial Affairs Sub-Committee continues to take evidence for its inquiry Brexit: financial services. The Sub-Committee takes evidence from two groups of witnesses on the impact of the referendum result on financial services and the options for a future relationship between the UK and the EU.
- Parliament TV: Brexit: financial services
- Inquiry: Brexit financial services
- EU Financial Affairs Sub-Committee
Witnesses
Wednesday 14 September in Committee Room 4A, Palace of Westminster
At 10.00am
- Mr Douglas Flint, Group Chairman, HSBC Group
- Ms Elizabeth Corley, Vice Chair, Allianz Global Investors
- Mr Alex Wilmot-Sitwell, EMEA President, Bank of America Merrill Lynch
At 11.00am
- Mr Simon Gleeson, Partner, Clifford Chance
- Mr Peter Snowdon, Partner, Norton Rose Fulbright
Possible questions
The witnesses are likely to answer questions on the following areas:
- The effect of prolonged political uncertainty around Brexit on day-to-day operations of financial firms and service providers
- How Brexit might affect asset management, investment banking and retail banking in the UK and EU27
- How the loss of passporting rights would affect the different types of firms and their activities cross-border
- How UK firms might harness 'equivalence' rights to access the EU single market for various products
- The opportunities for the UK to increase its financial ties with jurisdictions outside the EU
Further information
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