Financial Services: Euro
(asked on 21st November 2016) - View Source
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what his policy is on maintaining euro-denominated clearing in the UK after the UK leaves the EU; and if he will make a statement.
This question was answered on 29th November 2016
As previously stated by the Chancellor during Treasury Oral questions on 25 October 2016, euro-denominated clearing forms an important part of the overall financial structure in London. For financial services in particular, securing the best possible deal means recognising the importance of access to EU markets. The Government will keep on doing what it takes to see the UK’s financial industry remains a world leader.