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MALAYSIA'S SC SIGNS PACT WITH VIETNAM COUNTERPART.

AsiaPulse News

| March 01, 2007 | COPYRIGHT 2007 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

KUALA LUMPUR, March 1 Asia Pulse - The Securities Commission (SC) and the State Securities Commission of Vietnam (SSC Vietnam) have signed a memorandum of understanding (MoU) in an effort to enhance cooperation and collaboration.

The pact inked Tuesday established a framework for assistance and mutual cooperation whereby the two regulators agreed to facilitate the exchange of information to enforce and ensure compliance with the securities laws of their respective countries, the SC said in a statement today.

The MoU was signed by SC chairman Zarinah Anwar and SSC Vietnam vice chairman Dr Vu Thi Kim Lean on the sidelines of the Sixth Asean Capital Markets Forum (ACMF) meeting in Kuala Lumpur.

SC Malaysia is the current chair of the ACMF.

Zarinah said the MoU was a significant step towards enhancing regulatory ties between the SC and SSC Vietnam.

"This memorandum of understanding will ensure that we have strong cooperation with respect to our primary role as regulators of the marketplace and will allow us to ...

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