On 14 July 2016 the European Commission released a document setting out the revised financial services offer of the EU made in the context of the fourteenth round Transatlantic Trade and Investment Partnership (TTIP) negotiations. The document was tabled for discussion with the US in the negotiating round of 11-15 July 2016. It includes a schedule of specific commitments and reservations, as follows: Annex I: reservations for existing measures; Annex II: reservations for future measures; and Annex III: reservations and specific liberalisation commitments related to market access. The EU considers that regulatory co-operation in financial services should be addressed in TTIP, and that discussions on market access and regulatory co-operation are closely linked. A related Commission press release explains that the document is one of nine that have been published in a range of areas and sectors. Each document sets out an offer that represents the EU's negotiating position on regulatory co-operation and is intended to simplify technical regulations without lowering standards, and to set global rules of trade.