Earlier this year, we discussed an interesting leak from December 2013 revealing discussions about the creation of a new transatlantic Regulatory Council as part of the TAFTA/TTIP agreement currently being negotiated. The central idea was to give a new body powers to vet proposed laws and regulations on both sides of the Atlantic, with a view to promoting trade and regulatory convergence — two of TTIP‘s stated aims. Further leaks this year confirmed that negotiators are still working on implementing this idea in the agreement.

Now Corporate Europe Observatory (CEO) has obtained yet another leak, but not one from the TTIP talks. Instead, this is an internal document from the European Commission, which proposes setting up a similar regulatory body for the EU, independently of TTIP: