How should the UK’s financial services sector be regulated after Brexit? Lords committee to investigate

Should the UK change its regulatory architecture for financial services after Brexit? Could this affect EU market access for UK firms? Could the UK adopt a ‘hybrid approach’ to financial regulation?

These are some of the questions the House of Lords EU Financial Affairs Sub-Committee will be asking a panel of witnesses on Wednesday 5 February 2020 at 10:15am.

The Committee will hear from:
 

• Julian Adams, Director, Public Policy and Regulation, M&G plc
• Peter Bevan, Global Practice Head, Financial Regulation Group, Linklaters LLP
• Miles Celic, Chief Executive Officer, TheCityUK.
   

Other questions will include:
 

• What is the current state of the UK’s onshored framework for financial services?
• What would be the benefits of redistributing powers for financial regulation and providing greater discretion to the regulators?
• What are the merits of creating a special parliamentary committee for financial services?
• How would a formal role for international financial standards in the regulatory architecture work in practice?
• Should the financial regulators have a secondary ‘competitiveness’ objective?
   

This evidence session, which is open to the public, will take place at 10.15am on Wednesday 5 February 2020 in Committee Room 4A of the House of Lords.