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Topical Questions

Part of Treasury – in the House of Commons on 11th February 2020.

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Photo of Stephen Hammond Stephen Hammond Conservative, Wimbledon

Many in financial services will warmly welcome the Chancellor’s remarks in the papers yesterday about equivalence arrangements, but does he agree that the real value to those arrangements is in the length of the revocation period? Will he therefore press for revocation notices of a minimum of a year and preferably three years?