Transatlantic Financial Regulatory Coherence Coalition (TFRC): issued a press release regarding TTIP and FS regulatory cooperation between EU and US
An international group of fourteen trade associations and business groups have joined to form the TFRC. The TFRC members form a large proportion of the transatlantic financial services community. In a press release issued today, the TFRC noted that they have "been brought together by a strong and shared belief on both sides of the Atlantic that improving regulatory cooperation between the U.S. and EU must be a priority". In TFRC's view "a comprehensive Transatlantic Trade and Investment Partnership (TTIP) that includes both market-opening measures and a framework for regulatory coherence in financial services is the best way of achieving this."