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Vol 23 No 4 April/May 2018

Book of the Month

Cover of Williams, Mortimer and Sunnucks: Executors, Administrators and Probate

Williams, Mortimer and Sunnucks: Executors, Administrators and Probate

Edited by: Alexander Learmonth, Charlotte Ford, Julia Clark, John Ross Martyn
Price: £295.00

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Williams published

The Prudential Carve-Out for Financial Services: Rationale and Practice in the GATS and Preferential Trade Agreements

ISBN13: 9781108415767
To be Published: June 2018
Publisher: Cambridge University Press
Country of Publication: UK
Format: Hardback
Price: £85.00

The World Trade Organization's General Agreement on Trade in Services (GATS) sets out a framework and rules for the liberalization of international trade in services. Paragraph 2(a) of the GATS Annex on Financial Services is generally known as the Prudential Carve-Out (PCO). Notwithstanding GATS obligations, it allows WTO Members to pursue prudential regulatory objectives. This book studies the GATS PCO in light of its negotiating history and economic rationale as well as PCOs in all preferential trade agreements notified to the WTO Secretariat up to the summer of 2017.

The author clarifies the state of play of international cooperation on financial services regulation; provides a current understanding of the GATS PCO; analyses how PCOs are drafted in preferential trade agreements and, finally, he seeks to understand whether alternative approaches to the mainstream understanding of the PCO are possible and suggests options for reform.

International Trade
1. The subject matter of the study
2. International cooperation on financial services and prudential measures: WTO and beyond
3. The current understanding of the GATS PCO
4. Prudential Carve-Outs in Preferential Trade Agreements
5. A possible alternative approach
6. Suggestions for reform

Series: China and International Economic Law Series

Chinese Regulatory Licensing System ISBN 9781841133928
To be published March 2019
Hart Publishing
Arbitration in China: A Legal and Cultural Analysis (eBook) ISBN 9781782250739
Published February 2013
Hart Publishing
£67.50 + £13.50 VAT
Arbitration in China: A Legal and Cultural Analysis ISBN 9781849463775
Published February 2013
Hart Publishing
EU, the WTO and China: Legal Pluralism and International Trade Regulation ISBN 9781841137049
Published September 2010
Hart Publishing
The European Union and China, 1949-2008: Basic Documents and Commentary
Edited by: Francis Snyder
ISBN 9781841137247
Published March 2009
Hart Publishing
International Trade Regulation in China: Law and Policy ISBN 9781841133935
Published March 2006
Hart Publishing
The Legal Framework of EU-China Investment Relations: A Critical Appraisal ISBN 9781841133911
Published October 2005
Hart Publishing