Oral Answers to Questions

Debate between Robin Walker and Suella Braverman

Thursday 27th April 2017 Commons Chamber

[Suella Fernandes (Fareham) (Con)]

Does my right hon. Friend the Secretary of State agree that financial services in London, Edinburgh and throughout the country will be able to benefit from principles of equivalence and mutual recognition as an alternative to passporting, to ensure that that sector remains open and thriving, as stated recently by Mark Carney, the Governor of the Bank of England?

[Mr Robin Walker]

My hon. Friend is absolutely right. We will continue to work closely with the regulators to ensure that we have some of the best, and best regulated, financial services in the world.