The progressive internationalisation of the financial services industry makes international cooperation between supervisory authorities increasingly important. Cooperation of this kind is often a prerequisite for effective supervision of internationally active financial institutions. FINMA therefore regularly exchanges information with foreign supervisory authorities.
In addition to bilateral exchanges of information (cooperation), multilateral cooperation is also on the rise, particularly in the running of supervisory colleges. To meet requirements regarding the flow of information between authorities, FINMA substantiates this cooperation partly by drawing up written agreements with those authorities (International agreements or treaties).