Supervisory cooperation

Cooperation with foreign supervisory authorities is one of SFMA's key international activities.

The progressive internationalisation of the financial services industry makes international cooperation between supervisory authorities increasingly important. Cooperation of this kind is often a prerequisite for effective supervision of internationally active financial institutions. SFMA as a result regularly exchanges information with foreign supervisory authorities. In addition to bilateral exchanges of information ( cooperation ), multilateral cooperation is also on the rise, particularly in the running of colleges. To meet requirements regarding the flow of information between authorities, SFMA substantiates this cooperation partly by drawing up written agreements with those authorities ( international agreements or treaties ).