SIFMA and AFME Jointly Commend EU Commissioner Barnier on TTIP

SIFMA and the Association for Financial Markets in Europe ("AFME") issued a joint statement applauding EU Commissioner Michel Barnier regarding his remarks relating to developments in U.S.-EU financial services and a Transatlantic Trade and Investment Partnership ("TTIP"). SIFMA and AFME emphasized the importance of coordination between the two jurisdictions as a key component of TTIP in order to "promote consistent high-quality regulatory standards in global markets and economies that are closely intertwined."

Related news: U.S. and European Financial Services Trade Associations Issue Joint Statement on TTIP (March 25, 2014); SIFMA and AFME Issue Statement on Transatlantic Financial Regulation Negotiations (with Lofchie Comment) (February 19, 2014).