Treasury Participates In U.S.-EU Joint Financial Regulatory Forum
To print this article, all you need is to be registered or login on Mondaq.com.
At the U.S.-EU Joint Financial Regulatory Forum, Treasury and
the staffs of U.S. regulatory agencies exchanged views on topics of mutual interest
with EU participants.
The Forum focused on:
- how to mitigate financial stability risks in the next phase of
- sustainable finance, including the U.S. Administration’s
efforts to tackle climate change and the EU’s implementation of
its 2018 Action Plan on Financing Sustainable Growth;
- multilateral engagement in banking and the implementation of
Basel III reforms;
- regulatory cooperation in capital markets and the progress in
respective legislative efforts to ensure a smooth transition away
from LIBOR, EU implementation of public country-by-country
reporting, SEC-substituted compliance for EU-domiciled
securities-based swap dealers in the United States, and the
European Commission’s equivalent decision for SEC-registered
- regulatory developments regarding financial innovation
involving new forms of digital payments, such as crypto assets,
stablecoins, and central bank digital currencies; and
- AML / countering the financing of terrorism issues.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Finance and Banking from United States