In addition, the CSI encourages our negotiators to take account of the following forward looking

factors which are emerging as key contributors to financial markets stability and liberalization

and which should be reflected increasingly in the formulation of commitments:

*  Expand the scheduling of commitments to improve market access and national treatment for

asset management and pension fund services provided by the full range of financial services

firms.

* Remove discriminatory treatment of capital requirements applied to foreign bank branches by

financial regulators, especially in recognition of parent capital disciplines already in place for

foreign banks whose supervisory authorities have implemented Basle or equivalent standards.

34