Extracts from Lords
debate on Brexit: The Future of Financial Regulation and
Supervision (European Union Committee Report)
(Con):...Lastly, fintech needs to be able to export and to
grow outside the UK. Many UK companies in the sector have set up or
are setting up in Dublin, Amsterdam, Paris or Berlin. They may need
a bit more government support in a post-Brexit world. More
importantly, the Government’s post-Brexit focus on global Britain
and on international investment is good news for fintech. Their
leaders now form a significant part of overseas delegations, as I
saw for myself on a visit to India last year when I was Commercial
Secretary. However, the UK also has fintech agreements with
Singapore, South Korea and China...
The Minister of State, Department for International
Development (Lord Bates) (Con):...We are world leaders in
green and sustainable finance, or rupee and renminbi products, and
we are committed to strengthening that position further. That also
means expanding our bilateral relationships with key partners
around the globe, including our economic and financial dialogues
with China, India, Brazil, Korea, Hong Kong, Singapore
and Japan. There are enormous growth opportunities for the
future...
To read the whole debate, CLICK
HERE
Extract from Scotland
Questions
(Chipping Barnet)
(Con): In future trade talks with India, will the
Secretary of State place a priority on improving access for our
exports of whisky from Scotland and Northern Ireland, as it is
one of the United Kingdom’s greatest products?
The Secretary of State for Scotland (David
Mundell): I will indeed, and the Secretary of State for
Wales would be unhappy if I did not also reference Penderyn, the
whisky made in Wales. I can assure my right hon. Friend that I
will take exactly that action in relation to all the United
Kingdom’s whisky products.
