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Corporate Governance in ContextCorporations, States, and Markets in Europe, Japan, and the US$
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Klaus J. Hopt, Eddy Wymeersch, Hideki Kanda, and Harald Baum

Print publication date: 2005

Print ISBN-13: 9780199290703

Published to Oxford Scholarship Online: March 2012

DOI: 10.1093/acprof:oso/9780199290703.001.0001

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The Transatlantic Financial Markets Regulatory Dialogue

The Transatlantic Financial Markets Regulatory Dialogue

Chapter:
(p.362) (p.363) The Transatlantic Financial Markets Regulatory Dialogue
Source:
Corporate Governance in Context
Author(s):

Hans-Jürgen Hellwig

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199290703.003.0019

Until rather recently, only a few insiders knew of the Transatlantic Financial Markets Regulatory Dialogue and what it is about. This dialogue became more widely known only when Alexander Schaub, Director General, DG Internal Market of the European Commission, testified on 13 May 2004 before the Committee on Financial Services of the US House of Representatives. This chapter gives a brief overview of what the Transatlantic Financial Markets Regulatory Dialogue is and how it works. In doing so it relies on various personal discussions that the author was fortunate to have with both Alexander Schaub and Commissioner Frits Bolkestein, who has been responsible for this dialogue within the EU Commission.

Keywords:   extraterritorial regulation, Alexander Schaub, Regulatory Dialogue

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