Treasury Select Committee plots post-Brexit financial regulation inquiry as FCA plans rulebook rewrite

Financial services deal unclear

The Treasury Select Committee is planning an inquiry into the future of financial regulation following the UK's departure from the European Union (EU) in March 2019, with the sector set to have its say on the framework.

It coincides with plans at the Financial Conduct Authority (FCA) - which is set to be handed a raft of new powers post Brexit - to rework its rules handbook to fit the UK's regulatory priorities when the country leaves the EU. Speaking at the Personal Investment Management & Financial Advice Association (PIMFA) summit last week, Nicky Morgan MP, who chairs the committee, said following the UK's exit from the EU her team will be launching an "inquiry into post-Brexit financial services". Brexit blog: Barnier denies deal has been agreed on financial services Morgan (pictured) said: "...