UK city minister to be quizzed on Brexit in House of Lords
UK MP Simon Kirby, the city minister, will give evidence on the impact of Brexit on the UK’s financial services sector to the House of Lords European Union (EU) Financial Affairs sub-committee on Wednesday 19 October 2016. The committee will also hear from two senior officials from Her Majesty’s Treasury, Katharine Braddick, director of financial services and Lowri Khan CBE, director of financial stability.
Questions that the committee is likely to ask include:
The House of Lords EU committee and its six sub-committees are conducting a coordinated series of short inquiries looking at the issues that will arise in the forthcoming negotiations on Brexit. Taken as a whole, this programme of work will be the most extensive and thorough parliamentary scrutiny of Brexit.
The EU Financial Affairs sub-committee is carrying out an inquiry into what leaving the EU will mean for UK, EU27 and non-EU financial institutions and service providers. It will also look at the options for a new relationship with the EU.