Question to the Department for Exiting the European Union :

To ask the Secretary of State for Exiting the European Union, what discussions he has had on financial regulation after the UK leaves the EU with representatives of (a) the British Virgin Islands, (b) the Cayman Islands and (c) Bermuda.

The UK Government is committed to involving the Overseas Territories as we prepare to exit the EU, and ensuring their interests are properly taken into account.

UK Ministers and leaders of the Overseas Territories have committed to taking forward future engagement through the creation of the UK – Overseas Territories Joint Ministerial Council (JMC) on European Negotiations.

The JMC met for the first time on 6-7 February 2017, chaired jointly by Robin Walker, Parliamentary Under-Secretary of State at the Department for Exiting the European Union, and Foreign Office Minister Baroness Anelay and discussed the interests of the Overseas Territories. The Premiers of Bermuda, the Cayman Islands and the British Virgin Islands were present. The UK's commitment to financial transparency was reiterated at the meeting.

As we approach our negotiations with the European Union we will go on working closely with the Overseas Territories, helping to ensure that we get a deal that works for everyone.