Research On Financial Service Rules Of "NAFTA Mode"

Financial globalization and liberalization of financial services show the development of multilateral and regionalization alternately.RTAs is the "cornerstone" of the development of regional liberalization of financial services.At present,RTAs has developed into two major families: the one is the "GATS Model",the other is the "NAFTA Model",other types of RTAs account for only a very small part.After the financial crisis,the financial globalization has entered a new round of development,the major economies appear the phenomenon of "group" development,one after another to carry out new RTAs negotiations.The detailed rules of financial services and the high degree of liberalization of trade in financial services are a trend of liberalization of trade in financial services.The detailed rules of financial services and the high degree of liberalization of trade in financial services are a trend of liberalization of trade in financial services.At present,China is negotiating with a number of countries to sign RTAs.However,in order to open wider to the outside world,China is dominated by a "positive list" of trade in services.The rules of financial services are relatively simple and the degree of market opening is limited.However,with the further development of domestic financial reform,Domestic financial markets are also seeking to expand.A detailed analysis of the financial service rules of the "NAFTA family" RTAs is beneficial to upgrading the relevant rules of financial services in China's RTAs.This paper mainly studies the content and the latest progress of the financial service rules of "NAFTA Model".Combined with the contents of the Financial Services rules of the "NAFTA Model",this paper collates the contents of the regional trade agreements concluded by China concerning financial services.It also puts forward the "negative list" model to explore the "negative list" model in the light of the development of the financial industry and the level of financial supervision in connection with the financial services rules of China's conclusion of regional trade agreements,so as to incorporate special access obligations such as new financial services in stages.To establish a special dispute settlement mechanism for financial services and to clarify the scope and means of financial services regulation.