FSS Signs MOU with State Securities Commission of Vietnam... "Strengthening Cooperation"
On August 11, the Financial Supervisory Service announced that it had signed a memorandum of understanding (MOU) with the State Securities Commission of Vietnam during the Korea-Vietnam summit.
The two supervisory authorities plan to strengthen cooperation in training, including sharing experience and knowledge regarding capital market supervision. They will share expertise to advance the regulation, supervision, and operation of the securities market, as well as to support the development of new financial products.
They also plan to conduct training programs to enhance the capabilities of working-level staff. In addition, they have agreed to hold seminars and conferences, when necessary, to promote mutual understanding of each country's capital markets.
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The Financial Supervisory Service stated that, given the active expansion and strong performance of Korean financial companies in Vietnam, it will continue to strengthen cooperation with the Vietnamese supervisory authority to actively support the local expansion and sound management of Korean financial companies.
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