Irish regulator: put derivatives on TTIP agenda

The Central Bank of Ireland's markets director believes TTIP is the ideal forum to iron out differences over substituted compliance and establish agreement on monitoring and data collection systems

People in a contract negotiation
Central Bank of Ireland wants derivatives on TTIP agenda

The Central Bank of Ireland has added its weight to calls for the European Union-US Transatlantic Trade and Investment Partnership (TTIP) to tackle the thorny problem of cross-border harmonisation of regulation affecting derivatives.

To date, moves by Europe to advance such regulatory co-operation discussions within the ambit of TTIP, a proposed free trade agreement between the EU and the US, have been thwarted. US authorities have concerns that rolling financial services regulation into TTIP

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