British American Finance Alliance makes case for UK/US financial services regulation dialogue

Article summary

TheCityUK has issued a press release highlighting the work of the UK/US Financial Regulatory Working Group (FRWG), and the launch of a paper by the new British American Finance Alliance (BAFA) setting out proposals for future UK-US regulatory co-operation and dialogue. BAFA argues that establishing the right parameters and repurposing the FRWG behind a long-term vision will enhance regulatory dialogue and, in turn, reduce cross-border frictions between the UK and US, bolster cross-border investment, and support stronger economic growth and job creation for both countries.