RBI inks MoU with Korea for supervisory co-op, info exchange 10/06/2014

RBI inks MoU with Korea for supervisory co-op, info exchange
10/06/2014 13:22
The Reserve Bank has signed Memorandum of Understanding (MoU) with financial regulators in South Korea for supervisory cooperation and exchange of information. "The RBI today signed a MoU on Supervisory Cooperation and Exchange of Supervisory Information with the Financial Services Commission (FSC) and the Financial Supervisory Services (FSS), Republic of Korea," RBI said in a release. The MoU was signed by Je-Yoon Shin, Chairman, FSC; Soohyun Choi, Governor, FSS and Harun R Khan, Deputy Governor, RBI. The signing ceremony was held at the FSC Head Quarters in Seoul. The RBI has been signing the MoUs and the Letter for Supervisory Co-operation with supervisors of other countries to promote greater co-operation and share supervisory information among the authorities.