On 8 March 2018, the Department for Exiting the European Union published a statement giving the information that the UK will guarantee Gibraltar financial services firms’ access to UK markets as now until 2020. Ahead of this, the UK Government will work closely with the Government of Gibraltar to design a replacement framework to last beyond 2020. This will be based on shared, high standards of regulation, and enforcement of this regulation, and underpinned by modern arrangements for information-sharing, transparency and regulatory co-operation.