In the wake of the global financial crisis, EU and US authorities have launched an ambitious program of transatlantic economic diplomacy, from financial market reforms to the ground-breaking Transatlantic Trade and Investment Partnership (TTIP).  Nevertheless, efforts have been hampered by cross-border tensions regarding the effectiveness of one another’s regulations, from the supervision of cross border swaps to data protection, even as both jurisdictions are widely regarded as the leading standard-setters and regulators. 

On Wednesday, October 9, the Atlantic Council’s Global Business and Economics Program will host a conversation with Jonathan Faull, director-general for Internal Market and Services at the European Commission.  As director-general, Mr. Faull is charged with providing a regulatory environment that enhances competitiveness, stimulates innovation, and promotes financial stability.  He will discuss his views on some of the challenges in transatlantic economic relations, including the current state of the European banking system and TTIP negotiations, and share his thoughts on paths towards the promotion of transatlantic regulatory convergence.