Download the full outcome
Detail of outcome
This report examines the balance of competences between the European Union and the United Kingdom in the area of financial services and the Free Movement of Capital, and whether this balance is appropriate to the national interest.
It has been led by HM Treasury and reflects evidence submitted by experts, non-governmental organisations, businesses, members of parliament and other interested parties, either in writing or orally, as well as other relevant material.
Where appropriate, the report sets out the current position agreed within the coalition government for handling this policy area in the EU. It does not predetermine or prejudge proposals that either coalition party may make in the future for changes either to the EU or to the balance of competences.
Detail of feedback received
The review has been led by HM Treasury and reflects evidence submitted by experts, non-governmental organisations, businesses, Members of Parliament and other interested parties, either in writing or orally, as well as other relevant material.
The Foreign Secretary launched the Balance of Competences Review in Parliament on 12 July 2012. This follows the Coalition’s commitment to examine the balance of competences between the UK and the European Union. The review will provide an analysis of what the UK’s membership of the EU means for the UK national interest.
Read the Review of the balance of competences for full details of the review programme.
HM Treasury is leading on the strand of the review covering financial services and the free movement of capital and is seeking views on its application.
This call for evidence document sets out the background to the review on the budget and provides a useful context for those giving evidence.