US CFTC and Financial Services Agency of Japan sign MOC on cross-border regulated entities
Leaders of the US Commodity Futures Trading Commission (CFTC) and the Financial Services Agency of Japan (JFSA) have signed a memorandum of cooperation (MOC) regarding the supervision and oversight of regulated entities that operate on a cross-border basis in the US and Japan.
Through the MOC, the CFTC and JFSA express their willingness to cooperate with each other in the interest of fulfilling their respective regulatory mandates regarding derivatives markets.
The scope of the MOC includes markets and organised trading platforms, central counterparties, trade repositories, and intermediaries, dealers, and other market participants.
The MOC was signed by CFTC acting chairman Mark Wetjen and JFSA commissioner Ryutaro Hatanaka.
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