Financial Services and Preferential Trade Agreements

Page 9

Contents

Chapter 4

Conducting a Trade-Related Regulatory Audit in Financial Services Pierre Sauvé

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101

Preparing for Services Negotiations Addressing the Challenge of Domestic Regulation in Services Trade A Trade-Related Regulatory Audit in Services: Means and Ends Key Questions Involving Services Negotiations and Domestic Regulations Annex 4A: Examples of Nonconforming Measures in Financial Services Annex 4B: Services Negotiations and Domestic Regulation—Key Questions Notes References and Other Resources

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114 118 118

PART II

Country Case Studies

121

Chapter 5

Trade in Financial Services: The Case of Chile Raúl E. Sáez

123

Chile’s Financial System Chile’s Trade Commitments in Financial Services before the Negotiations with the EU and the United States Preparing the Negotiations: The Issues Involved Preparing for and Conducting the Negotiations: Informing the Private and Public Sectors The Outcome of the Negotiations with the United States and the EU The Aftermath of the Negotiations Lessons from the Chilean Experience Final Thoughts on Preparing for a Bilateral Negotiation in Financial Services Annex 5A: Summary of Chilean Trade Agreements Annex 5B: Origin of the Texts of the Chile-EU and Chile-U.S. Financial Services Chapters

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105 107 110 110

133 135 139 144 155 157 160 165 168


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