28 October 2016


Retired Member

1,977Posts 6,442,772Views 2,312Comments
Finextra community

Financial Services Regulation

This network is for financial professionals interested in staying up to date on financial services regulation happening anywhere in the world. CFOs, bankers, fund managers, treasurers welcome.

EU publishes EU-US cooperation rules in financial services

06 February 2014  |  1406 views  |  0

The European Commission has published a proposal for a framework for regulatory cooperation in financial services. 

Recognising that some of the differences in implementation of regulatory initiatives cannot be fully justified on prudential grounds and that these represent significant barriers to trade and investment, the EU has proposed the establishment within the Transatlantic Trade and Investment Partnership (TTIP) framework a transparent, accountable and rule based process which would commit the two parties to work together towards strengthening financial stability. 

The regulatory cooperation would be based on a number of principles, including:

  • joint work to ensure timely and consistent implementation of internationally-agreed standards for regulation and supervision;
  • mutual consultations in advance of any new financial measures that may significantly affect the provision of financial services between the EU and the US; and
  • joint examination of the existing rules to examine whether they create unnecessary barriers to trade; and
  • a commitment to assessing whether the other jurisdiction’s rules are equivalent in outcomes.

Related link:

Comments: (0)

Comment on this story (membership required)

Latest posts from Retired

Fintech innovation in the B2B space has only just begun

12 September 2016  |  11839 views  |  1 comments | recomends Recommends 0 TagsPaymentsInnovation

Protecting Data with DLP

23 August 2016  |  5061 views  |  0 comments | recomends Recommends 0 TagsSecurityBrexit

How to end what ails online commerce

22 August 2016  |  4610 views  |  2 comments | recomends Recommends 0 TagsPaymentsTransaction banking

What internet retailers need to know about Google’s recent webspam report

08 August 2016  |  8298 views  |  0 comments | recomends Recommends 0 TagsPayments

Modelling fixed income: Why realtime analytics are key

29 July 2016  |  5285 views  |  0 comments | recomends Recommends 0 TagsPost-trade & ops

Retired's profile

job title
member since 2014
Summary profile See full profile »

Retired's expertise

What Retired reads
Retired writes about

Who's commenting on Retired's posts

Hardeep Singh
Ketharaman Swaminathan
Graham Seel
Gerard Hergenroeder
Konstantin Rabin
Matt Schofield
Anna Robert
Ian Davis
Steve Patel
Aparty Behera
Karim Maalouf