Financial Services Protections in the Trans-Pacific Partnership

SIFMA and the Financial Services Forum (FSF) provide comments to the U.S. Trade Representative (USTR) supporting the conclusion of a high-standard, 21st-century Trans-Pacific Partnership (TPP) agreement and a robust financial services chapter.  The groups believe that free trade agreements (FTAs) and the market access they provide are vital for the continued success of the financial services industry, its customers, shareholders and employees in the United States. In addition, SIFMA and FSF believe the administration must build on “best of breed” provisions from recent agreements, such as those in the U.S.-Korea FTA, rather than simply inventorying provisions from existing FTAs with TPP countries.