FINRA works with international regulators to support and improve oversight of firms with multinational operations. Specifically, FINRA’s International Department works to:
Toward these goals, FINRA has entered into information sharing memorandums of understanding (MoUs) with several overseas national regulators to help investigate possible instances of cross-border market abuse in a timely manner, exchange information on firms under common supervision of both regulators and allow more robust collaboration on approaches to risk-based supervision of firms.
To date, FINRA has MoUs with several organizations. Pursuant to FINRA Rule 8210, FINRA has the authority to enter into an agreement with a domestic federal agency, or subdivision thereof, or foreign regulator to share information for any regulatory purpose set forth in the agreement under certain confidentiality conditions, and, in the case of a foreign regulator, certain jurisdiction and reciprocity conditions. The following MoUs were entered into pursuant to that authority:
Each year, FINRA hosts international visitors who seek to learn more about our organization. We provide an overview of FINRA’s regulatory authority and address specific topics that are of interest to our visitors. This program is open to all entities, including those with an existing relationship with FINRA as well as groups that wish to develop such a relationship.
To learn more or to arrange a visit, please contact FINRA International via email.