Committee examines future of financial services as negotiations continue
16 October 2020
The Committee on the Future Relationship with the European Union returns on Wednesday 21 October with a virtual evidence session focused on financial services, as the sector prepares for the end of the transition period.
Purpose of the session
In 2018 financial services contributed £132 billion to the UK economy, representing 6.9% of total economic output. In this session, the Committee will hear views from across the sector as the end of the transition period approaches, and the UK and EU continue to negotiate their future relationship.
Questions are expected to focus on issues such as equivalence, data adequacy, as well as preparations for either outcome in the negotiations on those matters important to financial services and the related professional and business services sector. The Committee will question representatives from UK Finance, techUK and PwC.
Witnesses and Committee members will participate remotely.
Wednesday 21 October
- Andrew Gray, Global Head of Brexit for Financial Services, PwC
- Conor Lawlor, Director, Brexit; Capital Markets & Wholesale, UK Finance
- Neil Ross, Policy Manager, Digital Economy, techUK