The Brazilian Financial and Capital Markets Association (ANBIMA) has signed a memorandum of understanding with the Japan Securities Dealers Association (JSDA) aimed at expanding cooperation between the two organizations.

The agreement, which has no expiration date, provides for the exchange of information on investment market regulations, supervisory tools and practices, efficient trading mechanisms, new financial instruments, and initiatives focused on investor education. The idea is that sharing experiences will help improve local markets and encourage the adoption of international best practices.

In addition to the technical exchange, the associations have committed to working together to foster the development of the capital markets they represent and to contribute to the strengthening of the global financial system. The agreement also includes cooperation in international investment forums, with the goal of increasing the visibility and relevance of Brazil and Japan in these venues.

“This partnership reinforces our commitment to the internationalization of the Brazilian market and the exchange of best practices. Closer ties with the JSDA allow us to expand cooperation on strategic issues and contribute to the development of more efficient and integrated capital markets,” said our CEO José Carlos Doherty.

The JSDA is a self-regulatory organization that represents approximately 500 members, including securities firms, banks, and other financial institutions operating in Japan’s capital markets. As an SRO (Self-Regulatory Organization), the association has the authority to set and enforce rules for the sector it represents, operating independently under the supervision of the official regulatory body.

Its responsibilities include drafting and enforcing rules, conducting inspections, imposing disciplinary measures, licensing sales professionals, and mediating disputes. In addition to its regulatory role, the JSDA serves as a channel for dialogue between the industry, the government, and other stakeholders, promotes financial education for investors, and conducts research to encourage the development and dynamism of Japan’s capital markets.

JSDA Chairman Toshio Morita (2nd from left) and ANBIMA’s Tatiana Itikawa (3rd), chief of Regulatory Policy and Business Development