European Union Committee
Beyond Brexit: trade in services
23rd Report of Session 2019-21 - published 24 March 2021 - HL Paper 248
Contents
Chapter 1: UK-EU trade in services
Figure 1: UK top five global goods and services exports
The TCA and the end of the transition period
Relocation of financial services activity
Equivalence for UK central counterparties
EU reluctance to grant equivalence
Reforming the equivalence framework
Divergence, competitiveness and standards
The future regulatory landscape and parliamentary oversight
UK influence in setting standards
Chapter 3: Professional and business services
Professional and business services in the UK
Box 1: Services trade and the World Trade Organization (WTO)
Professional and business services in the TCA
Market access and national reservations
Impact of national reservations on different sectors
Box 2: Types of business visitor
Business mobility and COVID-19
Local presence and cross-border supply
Mutual recognition of professional qualifications
Framework for future recognition of qualifications in the TCA
Chapter 4: Data and digital trade
Digital trade chapter of the TCA
Chapter 5: Creative industries
Mobility for creative professionals
Managing regulatory divergence
Chapter 6: Research and education
The UK’s research and education sector
Summary of conclusions and recommendations
Appendix 1: List of Members and declarations of interest
Evidence is published online at https://committees.parliament.uk/work/945/future-ukeu-relations-trade-in-services/ and available for inspection at the Parliamentary Archives (020 7219 3074).
Q in footnotes refers to a question in oral evidence.