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Joint Trades Extraterritorial Legislation - Final Letter - 20/04/12

20 Apr 2012

As you and your colleagues prepare to meet at the upcoming G20 Finance Ministers meeting in Washington, we now write to follow up on the 17 February letter submitted by the Global Financial Markets Association (GFMA) raising concerns about regulatory reforms that may be creating conditions resulting in a fragmented transatlantic capital market. In that letter we referenced more detailed work we were undertaking to provide specific examples as to the extent to which a range of extraterritorial regulatory provisions are giving rise to difficulties in both interpretation and practice.

Please read the full letter via the link below.

Joint Trades Extraterritorial Letter
 
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