SIFMA and AFME Submit Comments to the European Commission Recommending Goals for the Transatlantic Trade and Investment Partnership
SIFMA and its European affiliate, the Association for Financial Markets in Europe ("AFME"), submitted the attached comments to the European Commission and the National Security Council urging the U.S. and EU to negotiate a comprehensive Transatlantic Trade and Investment Partnership ("TTIP") that includes for financial services the following:
- conventional market access rules, and
- a mechanism to ensure an efficient, cost-effective and compatible regulatory framework.
The groups propose a framework for enhancing financial regulatory cooperation that would facilitate and guide efforts to promote consistent high-quality regulatory standards in the transatlantic markets.
Click here to view letter in full (links externally to SIFMA website).