The General Agreement on Trade in Services does impose limits on many developing countries' ability to regulate the financial sector. A response to the article “Regulatory Freedom under GATS: Financial Services Sector” by BK Zutshi, which argued otherwise

This study forms part of Russia’s regulatory reform review undertaken under the OECD regulatory reform programme. It describes Russia’s trade environment and its recent trade and foreign investment policy developments with a focus on trade-related regulations and their role in supporting...