Japan’s Financial Services Agency Exchanges Letters For Cooperation With The Bank Of Thailand

The Financial Services Agency and the Bank of Thailand signed the Exchange of Letters for Cooperation (EOL) on May 9, 2014.

The EOL provides a formal basis for ongoing cooperation between the two authorities in sound financial regulatory mechanisms, particularly, financial administration, financing for small and medium-sized enterprises (SMEs), and reference rate reform. Additionally, both authorities may extend the cooperation to cover other mutually agreeable areas.