Lords committee to take evidence on post-brexit regulation and supervision of the UK's financial services industry

What are the financial services industry’s key priorities for future regulation and supervision? What scope is there for innovation post-Brexit? What would a transitional arrangement need to provide, and what contingency plans is the industry making? 

These are among the questions the House of Lords EU Financial Affairs Sub-Committee will be raising with two panels of witnesses on Wednesday 15 November 2017 from 10.15am.

The Committee will hear from:

At 10.15am

• Sally Dewar, International Head of Regulatory Affairs, J.P. Morgan
• Mr Julian Adams, Group Regulatory & Government Relations Director, Prudential.

At 11:15am

• Flora Coleman, TransferWise
• Charlotte Crosswell, Innovate Finance.

Questions the Committee is likely to ask include:

• What are the worst- and best-case scenarios for the financial services industry if a transition period is not agreed before 2018? 
• Does Brexit create scope for regulatory and supervisory innovation? 
• How important is mutual market access between the EU and UK?
• What opportunities does Brexit present for the UK financial services industry to pursue business outside of the EU? 

The evidence session will take place at 10.15am on Wednesday 15 November 2017 in Committee Room 4A of the House of Lords.