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Lew: TPP Local Data Requirements Still An Open Issue Internally

May 17, 2016 at 1:21 PM
Treasury Secretary Jacob Lew has signaled that the issue of how to address financial services industry complaints about data localization requirements in the Trans-Pacific Partnership is still under active discussion internally among U.S. regulators and other administration officials. At the same time, he insisted that while the issue is technically complicated, there is a “pathway forward.” Lew spoke at a May 13 breakfast of organized by the Christian Science Monitor. Lew said the issue is complicated because there are two...


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