Welcoming remarks by
US Senator (D-CT) and Report Co-Chair
A report overview with
Dr. Chris Brummer
C. Boyden Gray Fellow
The Atlantic Council, TheCityUK, and Thomson Reuters will launch the second report in a series entitled "The Danger of Divergence," followed by a high-level panel discussion on the future of international financial regulation.
Since the last report on this topic—The Danger of Divergence: Transatlantic Cooperation on Financial Reform—the United States and European countries have worked to translate an ever-growing body of international financial regulations into legally-binding rules at home. Although this process has been largely harmonious and remarkably consistent, American and European regulatory practices have diverged in several crucial areas, which could prove to seriously undermine the stability and efficiency of the transatlantic financial marketplace.
This report strives to highlight the key forms, costs, and risks of regulatory divergence, and seeks to identify productive paths forward for transatlantic cooperation in regulatory policymaking.