US Trade Deal Won't Redefine Global Financial Regs, EU Says

Law360, New York (January 28, 2014, 4:57 PM EST) -- The European Union said Monday it won't use trade negotiations with the U.S. to try to redefine regulations on the world's financial services industry, but will shoot to make sure that European and American financial regulators can work together more easily.

Outlining its stance on addressing financial regulations in the Transatlantic Trade and Investment Partnership negotiations with the U.S., the European Commission said the TTIP should be used to create a framework through which financial regulators on both sides of the Atlantic can cooperate and strengthen...
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