German and Russian Financial Services Regulators Sign Regulatory Cooperation Arrangement

November 25, 2009
The German Federal Financial Supervisory Authority and the Federal Financial Markets Service of Russia recently signed a Memorandum of Understanding under which they intend to deepen and further expand their mutual cooperation in securities supervision. This Dechert OnPoint takes a look at the aim and scope of the Memorandum of Understanding, which should benefit both the Russian and the German stock exchanges by facilitating closer business cooperation.