Financial Services Negotiating Forum: Examining Regulatory Equivalence

12 January 2017

A new report by the global law firm Norton Rose Fulbright, commissioned by the Financial Services Negotiation Forum. The paper examines approaches to the interpretation and measurement of equivalence.

The report finds that there are common features between equivalence and passporting (such as cooperation arrangements, comparable regulatory frameworks and data sharing) which suggest that a framework of equivalence could be established to ensure a harmonised approach to equivalence in UK-EU negotiations.

Full report

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