Most ways to resolve the current stalemate in the UK parliament with respect to Brexit imply that the UK will no longer be part of the internal market for financial services. There is a risk that capital market services in the EU-27 will decline in scope and quality without the UK in the internal market but this risk can be mitigated. In this statement, Professor David Veredas propose that the EU and the UK form a joint high-level committee to develop proposals for simplified and better regulation that strengthens market discipline. He also suggests that the EU and the UK jointly work to enhance and improve equivalence requirements for suppliers of financial services to markets in both the UK and the EU.