U.K.’s Financial Services Authority (FSA) and the U.S.’s Financial Industry Regulatory Authority (FINRA) enter into a Memorandum of Understanding (MOU) today whereby the two countries agree to facilitate exchange information on firms and individuals under their supervision, support collaboration on investigations and enforcement matters, and allow further sharing of regulatory techniques including approaches to risk-based supervision of firms.

FSA’s managing director of supervision, Jon Pain, and FINRA’s  Chairman and CEO, Richard Ketchum, signed the MOU.

(Source: http://www.fsa.gov.uk/pages/Library/Communication/PR/2010/144.shtml)