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Deputy Bank Governor and financial representatives discuss Brexit

6 October 2016

The EU Financial Affairs Sub-Committee takes further evidence for its inquiry Brexit: financial services. The Sub-Committee hears from the Bank of England and Swiss, insurance and City representatives on the impact of the referendum result on financial services and the options for a future relationship between the UK and the EU.


Wednesday 12 October in Committee Room 4A, Palace of Westminster

At 10.00am

  • Sir Jon Cunliffe, Deputy Governor for Financial Stability, Bank of England

At 11.00am

  • Miles Celic, Chief Executive, TheCityUK
  • Stefan Hoffmann, Head of European Affairs, Swiss Bankers' Association
  • Huw Evans, Director General, Association of British Insurers

Possible questions

The witnesses are likely to answer questions on the following areas:

  • The effects of different Brexit scenarios on financial stability
  • A possible bespoke arrangement for market access and transitional measures
  • How passporting rights and third country equivalence provisions affect the different types of firms
  • The impact of Brexit on financial regulatory cooperation
  • Issues particularly affecting the insurance sector
  • Lessons to be drawn from the Swiss financial sector

Further information

Image: PA