Secret Trade in Services Agreement (TISA) draft has been leakedSubmitted by barracuda_trader on Fri, 06/20/2014 - 06:29
A draft of the secret Trade in Services Agreement (TISA) Financial Services Annex has been released by WikiLeaks today in a press release.
In an anti-transparency feat, the draft is meant to remain private during the negotiations which started in April 2013, and are set to commence for a seventh round of talks from June 23-27 in Geneva, Switzerland. An amendment is also in place within the Agreement to keep it a secret for five years after its inception if it does pass.
According to the draft, financial multi-nationals would be assisted in expansion to other nations with no interference from regulatory barriers, resulting in cross-border data flow between other government entities and third-parties.