We made a deal. Close up of arms of successful two business partners shaking hands. They are sitting at the table near documents in cafe. The businessman and woman are drinking coffee

The Ontario Securities Commission (OSC) has signed a cross-border co-operation agreement with its counterpart in the Netherlands.

The OSC has entered an agreement with the Autoriteit Financiële Markten (AFM) that governs the cross-border supervision of firms operating in Ontario and the Netherlands.

The memorandum of understanding (MOU), which requires the approval of Ontario’s minister of finance, provides a framework for co-operation and information-sharing between the OSC and the AFM.

The agreement aims to support the regulators’ goals of ensuring investor protection, maintaining market confidence and reducing systemic risk.