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The Roundtable Agenda included a discussion of various issues faced by firms doing business across the Atlantic.
Anthony Belchambers, Chief Executive of the U.K. Futures and Options Association (FOA), presented a report on regulatory convergence of the trans-Atlantic markets, published on 9 September. The study underscores the need for establishing a much more coherent and cost-efficient regulatory framework for wholesale transatlantic business in financial services. The report is complementary to the CESR/CFTC work program.
The next meeting will be held no later than April 2006.
CESR press release
Volume I - The Industry Case for Priority Regulatory Act
Volume II - Comparative Legal & Regulatory Analysis (compiled by Clifford Chance)