During the 2008-09 financial crisis, the G20 began to meet at the “Heads of State” level to formulate and implement emergency policy responses. Since then, the US and the European Union have been overhauling their own financial regulatory frameworks in parallel processes as well as working on regulatory frameworks in the context of G20 meetings where representatives of the US and five European governments and the EU hold seats.
This study examines the question: What are the key issues regarding financial regulation on which transatlantic cooperation (or lack of it) could have an impact?
transatlantic_cooperation (Download the full text in PDF format)
(The paper is also available at the Center of Concern website.)