Financial Services in EU Trade Agreements

11-11-2014

This Policy Department A study for ECON covers rules on trade in financial services in preferential trade agreements (PTA), in view of current TTIP negotiations. The financial services sector is of strategic importance in trade policy. The EU has already obtained considerable PTA concessions, incl. new investor protection rights. Its PTAs also contain more developed disciplines on financial regulation, incl. prior comment obligations, data processing rules, prudential regulation and use of international standards.

This Policy Department A study for ECON covers rules on trade in financial services in preferential trade agreements (PTA), in view of current TTIP negotiations. The financial services sector is of strategic importance in trade policy. The EU has already obtained considerable PTA concessions, incl. new investor protection rights. Its PTAs also contain more developed disciplines on financial regulation, incl. prior comment obligations, data processing rules, prudential regulation and use of international standards.