CETA: A Threat to Financial Stability? A Case for Regulatory Co-operation
Article from: TDM 1 (2016), in Comprehensive Economic and Trade Agreement between the European Union and Canada (CETA)
Abstract
After the consolidated text of the Comprehensive Economic and Trade Agreement (CETA) between Canada and the European Union was published in September 2014, it rapidly received considerable attention and raised concerns among scholars, the media, and the public alike with respect to the inclusion of financial services under the agreement. In particular, these concerns focus on risks of 'regulatory chill' endangering financial stability and originating from, on the one hand, the obligations that are imposed on the parties with regard to the treatment of foreign financial ...