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Table of Contents
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Purpose and Structure of the Toolkit
Part One: Introduction and Overview
Part Two: Preconditions and Infrastructure for Financial Sector Development
Part Three: Financial Regulation and Supervision
Part Four: Regional Financial Integration
I. European Financial Integration
>> II. Trade in Financial Services
A. General Agreement on Trade and Services (GATS)
B. AFAS Financial Services Sector Commitments
III. Chiang Mai Initiative
IV. Asian Capital Market Development
Part Five: ADB's Intervention in the Financial Sector
Bibliography
Glossary and List of Abbreviations
Acknowledgements
Financial Sector Legal and Regulatory Toolkit : Part Four: Regional Financial Integration

II. Trade in Financial Services

The framework for foreign participation in national financial services is subject to bilateral, regional, and international negotiations, with the latter concentrated in the WTO process through the GATS. The toolkit will also discuss the ASEAN Framework Agreement on Services as an example of a regional framework in financial services.



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I. European Financial Integration
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A. General Agreement on Trade and Services (GATS)