Funds management forum established
A new forum has been established to help promote regulatory co-operation between the Australian and South Korean funds management industries.
The Financial Services Council (FSC), the Australian Financial Markets Association (AFMA) and the Korea Financial Investment Association established the heads of agreement to create the new forum this week.
According to a joint statement issued by the three organisations, the forum will work on promoting regulatory co-operation, facilitating cross-border investment and collecting and disseminating information on Korean and Australian capital markets.
The statement said that the organisations also viewed the forum as a means of furthering work on developing linkages between Asia-Pacific securities markets.
AUTHOR
Mike Taylor
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