Financial Services: South Korea
Commons · Question 100698 · Tabled 16 Dec 2025 · Department for Business and Trade · Official record
Answered 22 Dec 2025
Question
Asked by Joshua Reynolds
To ask the Secretary of State for Business and Trade, what steps his Department is taking to ensure that UK financial services firms can effectively use the (a) data localization and (b) transparency commitments in the UK-South Korea Free Trade Agreement.
Answer
Answered by Chris Bryant, 22 Dec 2025
Although we have concluded negotiations, we have not yet reached signature, let alone ratification, so this question is premature. However DBT’s Free Trade Agreement Utilisation team helps businesses understand and benefit from the UK’s new Free Trade Agr...