Equivalence decisions for EEA states, green finance and fintech initiatives are at the forefront of the UK government’s priorities.
By Rob Moulton, Anne Mainwaring, and Anna Lewis-Martinez
On 9 November 2020, the UK Chancellor of the Exchequer, Rishi Sunak, delivered a statement setting out plans for the start of a new chapter for UK financial services to ensure that the UK remains “an open, attractive international financial centre” post-Brexit. These plans include the announcement of a set of equivalence decisions for EEA states, as well as proposals for a greener financial services industry, reforming access to the UK’s markets, and growing and investing in fintech.