Financial Services: UK Relations with EU
The question
To ask the Chancellor of the Exchequer, if she will negotiate a new financial services memorandum of understanding with the EU that includes measures on green finance.
Answered by Tulip Siddiq
Green finance measures are covered by the existing Memorandum of Understanding (MoU) establishing a framework for financial services regulatory cooperation between the EU and the UK.
The MoU is published online:
UK-EU Memorandum of Understanding on Financial Services Cooperation - GOV.UK (www.gov.uk)
Joint Statements following meetings of the Joint EU-UK Financial Regulatory Forum, established by the MoU, are published online:
Joint EU-UK Financial Regulatory Forum - GOV.UK (www.gov.uk)
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