A 'Letter' in this regard was signed and exchanged between the two parties FSA Head Quarters in Tokyo, the apex bank said in a statement.
RBI has been signing the Memorandum of Understanding (MoU) with supervisors of other countries to promote greater co-operation and sharing of supervisory information.
Till date, it has signed 19 such MoUs.
Exchange of Letters (EoL) is also a popular practice among the global supervisors for setting up a formal platform/gateway for exchange of supervisory information and enhancing supervisory cooperation.
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