South Korea’s Financial Supervisory Service and Iran’s Securities and Exchange Organization signed two memorandums of understanding in pursuit of further cooperation and cross-border investments on Monday.
FSS Governor Zhin Woong-seob signed the agreements with SEO chief, Mohammad Fetanat-Fard, on the sidelines of the Ninth International Exhibition of Exchange, Bank and Insurance, also known as FINEX 2016, in Tehran, SENA reported.
This is Zhin’s first visit to Iran and comes nearly a year after Fetanat-Fard’s visit to Seoul. The two agencies regulate their respective country’s financial markets.
