1. The Financial Services Committee established under Article 26.2.1(f) (Committee) shall include representatives of authorities in charge of financial services policy with expertise in the field covered by this Chapter. For Canada, the Committee representative is an official from Finance Canada or its successor.

2. The Financial Services Committee shall decide by mutual consent.

3. The Financial Services Committee shall meet annually, or as it otherwise decides, and shall:

(a) supervise the implementation of this Chapter;
(b) carry out a dialogue on the regulation of the financial services sector with a view to improving mutual knowledge of the Parties’ respective regulatory systems and to cooperate in the development of international standards as illustrated by the Understanding on the dialogue on the regulation of the financial services sector contained in Annex 13-B; and
(c) implement Article 13.21.