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    <title>India and New Zealand conclude Free Trade Agreement Negotiations on Financial Services, a part of Annex to the Trade in Services Chapter</title>
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    <description>The Financial Services Annex establishes an 18-article framework granting market access and national treatment for financial service suppliers, including increased FDI thresholds and a bank branch licensing regime allowing up to 15 branches over four years; it commits the parties to interoperable electronic payments and real-time cross-border remittances, collaborative fintech and sandbox arrangements, protections for transfer and storage of financial information preserving data sovereignty, anti-discrimination in credit assessment, and support for cross-border back-office and support functions.</description>
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