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RBI signs Letter on “Cooperation in the area of Banking Supervision” with Financial Services Agency, Japan (FSA)

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....BI signs Letter on “Cooperation in the area of Banking Supervision” with Financial Services Agency, Japan (FSA) <br>News and Press Release<br>Dated:- 15-3-2014<br><BR>The Reserve Bank of India, to....

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....day, signed and exchanged Letter on "Co-operation in the area of Banking Supervision" with Financial Services Agency, Japan. The Reserve Bank has been signing the Memorandum of Understanding (MoU) wit....

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....h supervisors of other countries to promote greater co-operation and sharing of supervisory information between the two supervisors. Till date, RBI has signed nineteen such MoUs. Exchange of Letters (....

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....EoL) is also a popular practice among the global supervisors for setting up a formal platform/gateway for exchange of supervisory information and enhancing supervisory cooperation. This is the first E....

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....oL being entered into by RBI with an overseas supervisor. The EoL was signed by Mr Masamichi Kono, Vice Commissioner for International Affairs, FSA and by Dr K C Chakrabarty, Deputy Governor, on beha....

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....lf of RBI. The function was held at FSA Head Quarters in Tokyo, Japan. Shri Arvind Singh, Minister (Economic), Indian Embassy in Japan, graced the occasion. Samruddhi Chaudhary Assistant Manager<BR>....

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.... News - Press release - PIB....