<s>[INST] The next text is a question of a member of the European parliament:"The EU-UK Trade and Cooperation Agreement poses a significant risk of fiscal dumping from the UK, which could hence become a ‘Singapore-on-Thames’. We would therefore like to see evidence of the robustness of the clauses enabling the EU to protect itself against any fiscal dumping from the UK.1.Which procedures in the agreement will allow the EU to ensure ‘fair competition’ in the event of major divergences between the EU and the UK in business taxation arrangements? Will these terms be applied to UK overseas territories?2.Does the absence of ‘rebalancing measures’ on tax and money laundering issues not infringe the general non-regression clause agreed on to ensure a level playing field?3.In the ongoing negotiations concerning financial regulation, what criteria will determine the possible ‘equivalence’ of UK financial services and what democratic scrutiny will be exercised over them?"
Analyze carefully the text and assign it to the most relevant policy area among those listed below. Do not explain your answer and return only a number.
Policy area numbers: 1 = Macroeconomics
2 = Civil Rights, Minority Issues and Civil Liberties
3 = Health
4 = Agriculture and Fisheries
5 = Labour, employment and pensions
6 = Education
7 = Environment
8 = Energy
9 = Immigration
10 = Transportation
12 = Law and Crime
13 = Social welfare
14 = Regional and Urban issues and Planning
15 = Banking, finance and domestic commerce issues
16 = Defence
17 = Space, science, technology, and communications issues
18 = Foreign trade
19 = International affairs and foreign aid
20 = Governance and government
21 = Public Lands, Water Management and Territorial Issues
23 = Culture and media
[/INST]. Answer = [1]. </s>
The EU-UK Trade and Cooperation Agreement poses a significant risk of fiscal dumping from the UK, which could hence become a ‘Singapore-on-Thames’. We would therefore like to see evidence of the robustness of the clauses enabling the EU to protect itself against any fiscal dumping from the UK.1.Which procedures in the agreement will allow the EU to ensure ‘fair competition’ in the event of major divergences between the EU and the UK in business taxation arrangements? Will these terms be applied to UK overseas territories?2.Does the absence of ‘rebalancing measures’ on tax and money laundering issues not infringe the general non-regression clause agreed on to ensure a level playing field?3.In the ongoing negotiations concerning financial regulation, what criteria will determine the possible ‘equivalence’ of UK financial services and what democratic scrutiny will be exercised over them?