They propose a bespoke agreement that would permit mutual market access, with a Solvency II equivalence outcome built into it.
Posts Tagged: Financial Services
I understand the Government’s keenness to achieve a free trade agreement with the EU, but we need to be careful that the price is not too high.
Britain and the EU are as well-placed as any two parties could be to strike a comprehensive agreement which covers this critical industry.
In a no-deal scenario, we must be prepared with a detailed plan which takes into account the trading and regulatory differences between industries.
James Arnell: Ready on Day One for Brexit. 1) Money. If there’s no deal, and the EU fails to play fair, we shouldn’t pay it a penny.
I would propose that we pay a total of €12 billion as our “divorce bill” – even if there’s no FTA. But subject to three conditions.
Robert Buckland: “We must speak the language of opportunity”. His lecture on Tory revival. Full text.
“The language should be that of giving people their chance to succeed and of being on their side – a “people politics” that many practice locally but which must be scaled up.”
A combination of work permits and a cap would provide proper control, while still allowing flexibility where it is required.
Vulnerable customers need to be safeguarded. Regular sessions using price comparison sites in local libraries would help.
The third in a three-part series of contributions from the ‘New Blue Book’.
Nor will the eventual separation from the EU see a sudden break. Rather, this will be a gradual and partial divergence.
EURATOM, WTO quotas, open skies agreements, banks’ ability to lend – all these involve change which it may not be possible to effect by April 2019.
James Arnell: Worried that Brexit will cost City jobs? It’s easier to keep them than you might think.
Much of the concern is over-hyped – not least because these specialised, highly skilled people don’t want to leave London in the first place.
Julian Knight: We can help make the case for capitalism by empowering consumers and customers. Here’s how.
We must show people how markets can make life better for ordinary families by broadening choice, spurring innovation, and driving down prices.
What would WTO mean? 2) Christopher Howarth: Financial services and data sharing can be managed without a fully-fledged deal
The absence of a trade agreement with the EU should not concern us – there are swift, practical ways to overcome possible issues.
I write this as possibly the least nationalistic member in the Houses of the Oireachtas, and one of just three members who wants to see Ireland re-join the Commonwealth.