The Transatlantic Financial Regulatory Coherence (TFRC) Coalition has been brought together by its strong and shared belief across the financial services and related professional services industry on both sides of the Atlantic that improving regulatory cooperation between the EU and U.S. must be a priority. We believe that a comprehensive Transatlantic Trade and Investment Partnership (TTIP) agreement that includes both market-opening measures and an effective framework that delivers regulatory coherence in financial services is an optimal path toward that goal.