EU and Japan hold first joint financial regulatory forum

The Joint EU-Japan financial regulatory forum has held its inaugural meeting. Topics covered at the meeting included:

  • the regulatory cooperation framework under the Japan-EU Economic Partnership Agreement, and the possibility of coordination in international groups such as the G20
  • the EU’s equivalence and Japan’s deference frameworks
  • respective initiatives regarding sustainable finance, and
  • the exchange of letters of cooperation regarding banking resolution.

The next meeting of the forum is expected to take place next year.

Emma Radmore