Written Question·Treasury·UIN 71683
Capital Markets: Asia-Pacific Region
Tabled: 29 August 2025
Answered: 4 September 2025
Question
Callum Anderson
Labour — Buckingham and Bletchley
To ask the Chancellor of the Exchequer, what steps her Department is taking to align the implementation of Overseas Recognition Regimes with the UK's financial services trade objectives in Asia-Pacific markets.
Answer
Emma ReynoldsAt Mansion House, HM Treasury published revised guidance on the UK’s approach to the unilateral recognition of overseas jurisdictions’ regulation of financial services, known as Overseas Recognition Regimes (ORRs). ORRs will replace the ‘equivalence’ regi...
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