CETA and financial services : Canada-European Union Comprehensive Economic and Trade Agreement and financial services : what to expect?

This for the European Union, in terms of trade liberalization principle also applies to clearing and payment systems, — it seems appropriate to assess the impact that CETA’s meaning that the financial institutions of one party must financial services chapter is likely to have on trade and have access to such systems on the same basis as the other investment in the financial services sectors of Can [...] The FSC and number of financial services or investment that may be is also expected to “carry out a dialogue on the regulation transacted, the level of foreign ownership and the number of the financial services sector with a view to improving of natural persons that can be employed (article 6.1(a)). [...] In general, the provisions pertaining to financial services follow Although CETA seeks to liberalize trade and investment those of chapter 10 on investment.9 The key issue in terms of in financial services between Canada and the European ISDS in the financial services sector concerns the prudential Union, it ensures that such liberalization will not take place carve-out. [...] In the case of a complaint by an investor against at the expense of either the stability of each party’s financial one of the parties, the latter can refer to the exception under system or the protection of consumers and investors. [...] The FSC may also refer the matter corresponds to the movement of people across borders in to the CETA Trade Committee for a “joint determination” order to supply a service, such as when an architect travels if it is unable to reach a decision by consensus.10 If the joint abroad to design and oversee the construction of a new determination by the FSC or the CETA Trade Committee building in another