New funding will benefit UK professionals

Under the Professional Qualifications Act, the UK government can ensure regulators have the ability to agree recognition arrangements with overseas counterparts. These recognition arrangements can make it easier for British professionals to have their qualifications recognised overseas, without the need to requalify with additional qualifications.
 
UK professionals looking to work abroad will benefit from new funding for regulators and professional bodies, the government has announced recently.
 
The Recognition Arrangements Grants Programme will provide grants of up to £75,000 to UK regulators to develop recognition arrangements with their international counterparts and ensure British professionals have their qualifications recognised overseas.
 
The UK is the second largest exporter of services in the world and this new funding will help to boost our advantage in trade in services.
 
This scheme is the latest step as the UK builds on its role as a global centre for business, commerce, and trade after leaving the EU.
 
Building on the international prestige of British qualifications, the new resources will help lawyers, accountants, engineers, and others to continue to work or grow their businesses abroad as well as at home.