SIX SIS, a subsidiary of Swiss financial services provider SIX, has signed a Memorandum of Understanding (MOU) with Korea Securities Depository (KSD) to enhance cooperation in securities depository and settlement.

The MOU outlines a collaborative effort between SIX and KSD to promote financial market growth, encourage cross-border investment, and explore joint development opportunities. The partnership aims to establish a closer working relationship through regular meetings and maintaining communication channels for information exchange.

The cooperation will focus on mutual support for investments in the Korean and Swiss markets, the exchange of operational and market information, and identifying areas for improvement.