Global Britain

Iain Duncan Smith Excerpts
Monday 3rd February 2020

(4 years, 3 months ago)

Commons Chamber
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Dominic Raab Portrait Dominic Raab
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Of course, people from a range of Departments were siphoned into DExEU when it was created. We have taken back a significant number of DExEU officials into the Foreign Office, and the Minister for Europe and the Americas, my right hon. Friend the Member for Tamworth (Christopher Pincher), talked to them earlier today. They will be integrated into the wider functions of Government in the usual way.

Iain Duncan Smith Portrait Sir Iain Duncan Smith (Chingford and Woodford Green) (Con)
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I congratulate my right hon. Friend on his statement and the Prime Minister on his.

Looking at the service sector, given that the EU has made next to no effort in most of the trade deal arrangements that they have negotiated to put any special pressure for a regulatory position for the UK in financial services, does my right hon. Friend now think that the EU will reference enhanced equivalence, as in the paper written by the lawyer Barnabas Reynolds, which the Treasury accepted? Will my right hon. Friend be proposing that to the EU as the way forward when it comes to regulation?

Dominic Raab Portrait Dominic Raab
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Our ambition is to include comprehensive obligations on market access and fair competition in relation to—