Responding to the launch of a new Treasury Committee inquiry into the future of the UK’s financial services post-BrexitResponding to the launch of a new Treasury Committee inquiry into the future of the UK’s financial services post-Brexit, UK Finance Chief Executive Stephen Jones said:

“The UK’s position as a world-leading financial centre post-Brexit is central to our economic and social prosperity. It is crucial that the government, Parliament, regulators and the industry all work closely together to preserve it.

“We must avoid fragmentation of global markets in which the UK is a leader, maintain strong and proportionate regulation whilst supporting innovation including in our critical fintech sector. We also need to ensure the UK’s tax policy is globally competitive.

“The UK is and should always seek to be the safest and most transparent place for financial service providers to do business, with an unwavering commitment to eliminating cyber and economic crime.”