21, December, 2001
Financial Services Agency

Signing of the Memorandum of Understanding (MOU) with the Monetary Authority of Singapore on the sharing of information on securities matters

1. On December 21, 2001, the Financial Services Agency of Japan and the Monetary Authority of Singapore signed an MOU on the sharing of information on securities matters. Under the framework of the Exchange of Notes signed the same day by the two Governments, this MOU provides detailed procedures concerning co-operation between the two authorities in sharing information on securities markets and securities derivatives markets.
2. As the Exchange of Notes is to be incorporated into the Japan Singapore Economic Partnership Agreement (JSEPA) when the JSEPA comes into force, cooperation through sharing information based on this MOU becomes an element of bilateral cooperation in financial services to be implemented under the umbrella of JSEPA.