Government launches Balance of Competences Review on the EU Budget and Financial Services

HM Treasury

October 21
09:48 2013

The government has today published two calls for evidence on the balance of competences between the United Kingdom and the European Union on the EU budget and financial services and the free movement of capital.

These calls for evidence form part of the ongoing Balance of Competences Review, which was launched by the Foreign Secretary in July 2012, taking forward the coalition commitment to analyse and examine the UKs relationship with the European Union.

HM Treasury is leading on the two strands of the review covering the EU budget and financial services and the free movement of capital, and is seeking views from individuals and groups with an interest or experience in these policy areas and how the EUs competence is used and what that means for Britain.

The public calls for evidence on each of these strands will run for three months from 21 October 2013 to 17 January 2014. Following the calls for evidence, two reports on the current balance of competence and what this means for the national interest will be published in Summer 2014.

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