The EU aims at establishing a framework for regulatory cooperation on financial services in the TTIP. The goal is to create an insitutional framework of EU and US regulators to make sure the EU and US rules work together, which shall contribute towards preventing future crisis.

EU Proposal

The EU proposes to establish within the TTIP framework, a transparent, accountable and rule-based process which would commit the two parties to work together towards strengthening financial stability. The regulatory cooperation would be based on a number of principles:

IDENTIFY

Lobbying is an honorable profession and, just like in other professions, the vast majority of those involved in the lobbying profession are honest, trustworthy and hardworking individuals who take their role and profession very seriously. Moreover, lobbyists and the legislators they lobby generally act responsibly and in compliance with applicable laws. However, because there is so much scrutiny on politics and the legislative process, when something improper does occur, it gets into the public domain quickly.

1. Obligations to the public and  participants of the governmental decision-making process:

The Professional Standards Framework for Practitioners has for purpose:

Almost 900 amendments have been drafted to the European Parliament’s position on the ongoing negotiations conducted by the Commission for a Trans-Atlantic Trade and Investment Partnership with the United States (TTIP). The text is now expected to be voted upon on 28 May in the INTA committee and on 9 June in the EP plenary, exactly two years after the EP voted its last resolution on TTIP.

Your dedicate source for lobbying news and resources

The AALEP Online Lobbying Documents Repository is a promotional and educational tool for practitioners and the general public. It seeks to inform users about developments in the field of public policy advocacy, public affairs, lobbying and interest representation and efforts to coordinate and strengthen system-wide approaches in this field.  It is important to make such information widely accessible about issues and activities, and the various tools, documents and materials on the subject.

AFME is the voice of Europe's wholesale financial markets. AFME represents the leading global and European banks and other significant capital market players. AFME focuses on a wide range of market, business and prudential issues and offer a pan-European perspective, bringing to bear deep policy and technical expertise and constructive influence with European and global policymakers. The Association advocates stable, competitive, sustainable European financial markets that support economic growth and benefit society.

On behalf of its members, AFME

British lobby groups and corporations are among the biggest players in Brussels lobbying. The UK comes third after Germany and France in terms of the number of lobbyists operating at the EU level. The British have been the most adept at pulling strings in Brussels and at engineering regulations for the defence of their interests. UK's companies, trade associations, consultancies, law firms and think tanks are punching well above their weight. In Brussels, the UK is understood to be one of the most business-friendly Member States.

1. Organisation for Economic Co-operation and Development (OECD), Division for Public Sector Integrity, Paris. The OECD helps policy makers and practitioners review and reform governance measures in particular in areas vulnerable to corruption, such as conflict of interest, lobbying and revolving doors, public procurement.