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Physical persons to whom the supplier of financial service, or in a case will run into debt
Necessities of maintenance of a guarantee of integrity and stability financial
Systems. The rights admit the General agreement and duties
The national governments to use reasonable means of regulation
Financial sector for the purpose of protection of interests of consumers. Finally,
It means acceptance of regulating measures within the limits of own national
The general agreement - not the static tool. It represents
Itself only the first step to the multilateral agreement on liberalisation
Trade in sphere of services. Except job which has been executed under aegis
The general agreement since 1994it. In sphere of telecommunications and
Financial services, negotiations should proceed and mention such principles,
As the competitive policy, unfair subsidising of the got
The government of "exported" services. Article XIX provides preconditions
New round of negotiations within the limits of the WTO concerning liberalisation of services with
That to 2000 to come to "progressive liberalisation" in sphere
Grantings of services. These questions should be switched on in a circle of the global
5.2. The obligations accepted by the countries within the limits of the Agreement of the WTO in sphere
All nine countries, whose experience of regulation it is considered in the given
The project, have taken up obligations according to the Agreement. They
Represent an obligatory part of the General agreement in sphere of services.
The list accepted according to the General agreement of financial services,
Including insurance, includes 4 groups of services:
1) rendering of services in the transboundary form;
2) granting of services abroad;
3) commercial presence;
4) presence of physical persons.
Besides, obligations and-or restrictions are divided into a principle
Most favoured treatment, a national treatment and the general rules, to
To one of which any obligations or restrictions can be carried.
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