Under the MOU, JSSC and SD&C have agreed to make best cooperative efforts to 1) cooperate in operation and operational linkages, 2) exchange personnel and information on training programs, and 3) exchange information to improve securities settlement systems.
"I'm sure that the MOU will contribute to stronger cooperative ties between SD&C and JSSC toward better securities clearing and settlement systems, which will ultimately help us build the necessary infrastructure for securities settlement between China and Japan," said Toshitsugu Shimizu, President & CEO of JSSC.
"The MOU will further facilitate the information and personnel exchanges between SD&C and JSSC, and lay a good foundation for our further cooperation." Said Jin Ying, CEO of SD&C.