International Affairs

Cross-border cooperation between the supervisory authorities is growing increasingly important. This applies within the EU, but also on a worldwide scale. One of the main reasons lies in the number of globally active companies that are offering financial services beyond national boundaries. Both these operators and investors are calling – quite rightly – for coordination between supervisory authorities and for the legal foundations to be harmonised as closely as possible.

The following pages will provide you with information on the following topics:

• Cooperation of the FMA with the European Supervisory Authorities (ESAs) and the authorities of the EU-Member-States within the European System of Financial Supervisors (ESFS)
• Cooperation of the FMA with international organisations and institutions
• Cooperation of the FMA with third-country supervisory authorities and with international organisations and institutions through Memoranda of Understanding (MoU)