TheCityUK comments on the refreshed joint EU-US Financial Regulatory Forum

Chris Cummings, Chief Executive, TheCityUK said;

The establishment of the refreshed Joint EU-US Financial Regulatory Forum is a major step in the right direction for the promotion of better regulatory coherence between the US and the EU, something TheCityUK has long championed. The Forum could help meet our long-term goals of greater policy coordination, providing greater confidence in our industry for investors and customers. We will look to play a role in shaping the Forum’s principles, especially if these could become the foundation for a multi-jurisdictional understanding in the future.