Lords EU Committee to take evidence on financial regulation and supervision after Brexit
The House of Lords EU Financial Affairs Sub-Committee will on Wednesday 13 September 2017 hear evidence on how financial regulation and supervision can evolve following Brexit in order to ensure financial stability and preserve market access.
At 10.15am on Wednesday 13 September 2017 the Committee will hear from:
- Professor Eilis Ferran, Professor of Company and Securities Law, Cambridge University
- Professor Niamh Moloney, Professor of Law, London School of Economics
Questions the Committee is likely to ask include:
- What are the key differences between international standards, the regulation in place in the EU, and the UK's domestic regime?
- What impact will Brexit have on the direction of EU financial governance? How has the UK influenced the EU's current financial services acquis?
- How much of a role do European Supervisory Authorities (ESAs) play in shaping the EU's financial regulation? How can the UK continue to influence this process?
- What are the main legal obstacles to an agreement on financial services?
- How will the EU (Withdrawal) Bill process interact with the negotiation of an agreement?
- What are the options for a transitional arrangement covering financial services?
- How far has FinTech driven domestic regulatory concerns so far?
- What scope is there for the UK to innovate on financial services regulation in future?
The evidence session will take place at 10.15am on Wednesday 13 September 2017 in Committee Room 2 of the House of Lords.
