Supervisory Cooperation

Definition ∞ Supervisory cooperation refers to the collaborative efforts among regulatory bodies, often across different jurisdictions, to share information, coordinate enforcement actions, and harmonize rules concerning financial markets and institutions. This cooperation aims to address cross-border risks, prevent regulatory arbitrage, and ensure consistent oversight. It is particularly relevant for globally distributed digital asset markets.
Context ∞ Supervisory cooperation is becoming increasingly important for effectively regulating the global and borderless cryptocurrency market, addressing concerns such as money laundering, investor protection, and market integrity. International bodies and national regulators are actively working to establish frameworks for coordinated oversight and information exchange. News frequently reports on discussions and agreements among regulators aimed at fostering greater international cooperation in digital asset supervision and policy alignment.