Vladimir Milovidov, Head of the Federal Financial Markets Service (FFMS) of the Russian Federation, and Jean-Pierre Jouyet, Chairman of the Autorité des marchés financiers (AMF), signed on 27 November 2009 a memorandum of understanding (MOU) on assistance and cooperation aimed at forging closer links between the two countries' authorities and financial markets.
Under the terms of the MOU, a cooperation programme will be established to strengthen bilateral relations between the FFMS and AMF. The programme will include provisions on information-sharing, as well as an extensive skill-sharing and training scheme.