Published On: Thu, Jul 3rd, 2014

Japan FSA Exchange Of Letters On Co-operation With The Bank Of Mongolia

Kenichi SADO, Japan FSA Chairman, Securities and Exchange Surveillance Commission

Kenichi SADO, Japan FSA Chairman, Securities and Exchange Surveillance Commission

On June 25, 2014, the Financial Services Agency and the Bank of Mongolia exchanged letters on the sharing of their experience and expertise.

In view of the growing globalization of the world’s financial markets, this exchange of letters intends to strengthen cooperation between both Authorities in order to promote the development of sound financial regulatory mechanisms and financial markets.

Based on this exchange of letters, the Authorities intend to exchange their experience and expertise in order to develop legal and regulatory frameworks and financial markets in both countries.

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