Eu: Future Relationship White Paper

Part of the debate – in the House of Commons at 1:11 am on 12th July 2018.

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Photo of Dominic Raab Dominic Raab The Secretary of State for Exiting the European Union 1:11 am, 12th July 2018

It is clear that the UK cannot remain under the EU passporting regime, which is intrinsic to membership of the EU. Our objective, based on that, is to agree a new economic and regulatory partnership in financial services. The new partnership will set some binding bilateral commitments to give firms certainty and stability in respect of access to each other’s markets, while allowing the UK and the EU to maintain and exercise autonomy when it comes to regulatory decisions and rule-making.