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1005780

registered interest
date	12/11/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Financial Services: EU Law
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, pursuant to the Answer of 6 November 2018 to Question 187143 on EU Internal Trade, how his Department plans to transpose provisions from EU law into UK law involving thresholds measuring the proportion of the entire market or a specified number of grouping of member states, in the Markets in Financial Instruments Regulations Article (a) 5(1)(a) and 1(b), subparagraphs (3) to (6) and subparagraph (9), (b) Article 9(5), (c) Article 14(5) and (d) Article 36(5) in the event that the UK leaves the EU without a deal.
tabling member constituency	Oxford East
tabling member printed	Anneliese Dodds
uin	190537
answer	answer is ministerial correction date of answer 15/11/2018 answer text <p>Article 5(1)(a) and 1(b), subparagraphs (3) to (6) and subparagraph (9) in the Markets in Financial Instruments Regulations will become deficient after the UK’s exit from the EU. In the event of the UK leaving the EU without a deal, it will be amended in accordance with Regulation 27(2) of the draft Markets in Financial Instruments (Amendment) (EU Exit) Regulations 2018.</p><p> </p><p>Article 9(5) will become deficient after the UK’s exit from the EU. In the event of the UK leaving the EU without a deal it will be amended in accordance with Regulation 27(4) of the draft Markets in Financial Instruments (Amendment) (EU Exit) Regulations 2018.</p><p> </p><p>Article 36 specifies a threshold which is expressed as an absolute number, so this will not be deficient after exit and is therefore not being amended.</p> answering member constituency Salisbury answering member printed John Glen question first answered 15/11/2018 15:48:31 answering member 4051 label Biography information for John Glen
tabling member	4657 label Biography information for Anneliese Dodds

1005783

registered interest
date	12/11/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Financial Services: EU Law
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, pursuant to the Answer of 6 November 2018 to Question 187143 on EU Internal Trade, how his Department plans to transpose provisions from EU law into UK law involving thresholds measuring the proportion of the entire market or a specified number of grouping of member states, in Articles 12 to 16 of the Commission Delegated Regulation amending MiFID 565/2017 in the event that the UK leaves the EU without a deal.
tabling member constituency	Oxford East
tabling member printed	Anneliese Dodds
uin	190540
answer	answer is ministerial correction date of answer 15/11/2018 answer text <p>Articles 12 to 16 of the Commission Delegated Regulation amending MiFID 565/2017 will become deficient after the UK’s exit from the EU. In the event of the UK leaving the EU without a deal, it will be amended in accordance with Regulation 40 of the draft Markets in Financial Instruments (Amendment) (EU Exit) Regulations 2018.</p> answering member constituency Salisbury answering member printed John Glen question first answered 15/11/2018 15:52:12 answering member 4051 label Biography information for John Glen
tabling member	4657 label Biography information for Anneliese Dodds

1005784

registered interest
date	12/11/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Financial Services: EU Law
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, pursuant to the Answer of his Department's written answer to parliamentary question 187143, how his Department plans to transpose provisions from EU law into UK law involving thresholds measuring the proportion of the entire market or a specified number of grouping of member states, in Article 5(1)(a) and (b)) of the Commission Delegated Regulation 2017/567 in the event that the UK leaves the EU without a deal.
tabling member constituency	Oxford East
tabling member printed	Anneliese Dodds
uin	190541
answer	answer is ministerial correction date of answer 15/11/2018 answer text <p>Article 5(1)(a) and (b)) of the Commission Delegated Regulation 2017/567 will become deficient after the UK’s exit from the EU. In the event of the UK leaving the EU without a deal, it will be amended in accordance with Regulation 59(2) of the draft Markets in Financial Instruments (Amendment) (EU Exit) Regulations 2018.</p> answering member constituency Salisbury answering member printed John Glen question first answered 15/11/2018 15:54:33 answering member 4051 label Biography information for John Glen
tabling member	4657 label Biography information for Anneliese Dodds

999500

registered interest
date	01/11/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Financial Services: EU Law
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how many provisions in financial and related regulations which require transposition into UK law in the event of the UK leaving the EU without a deal include thresholds measuring the proportion of (a) the entire EU market or (b) a specified number or grouping of member states.
tabling member constituency	Oxford East
tabling member printed	Anneliese Dodds
uin	187143
answer	answer is ministerial correction date of answer 06/11/2018 answer text <p>The European Union (Withdrawal) Act 2018 (EUWA) repeals the European Communities Act 1972 on the day the UK leaves the EU and incorporates into UK domestic law the existing body of directly applicable EU law. The purpose of the EUWA is to provide a functioning statute book on the day we leave the EU.</p><p>In some instances, the retained EU law relating to financial services includes provisions that relate to thresholds measuring the proportion of the entire EU market or a specified number or grouping of member states. We are aware of four provisions in the Markets in Financial Instruments Regulations (MiFIR) (Article 5(1)(a) and 1(b), and subparagraphs (3)-(6) and subparagraph (9), Article 9(5), Article 14(5), Article 36(5)), five provisions in the Commission Delegated Regulation amending MiFID 565/2017 (Article 12 to 16) and one provision in the Commission Delegated Regulation 2017/567 (Article 5(1)(a) and (b)).</p> answering member constituency Salisbury answering member printed John Glen question first answered 06/11/2018 17:13:40 answering member 4051 label Biography information for John Glen
tabling member	4657 label Biography information for Anneliese Dodds