The Philippine Stock Exchange, Inc. (PSE) and Taiwan Stock Exchange (TWSE) entered into a Memorandum of Understanding (MOU) that will formalize and strengthen the relationship between the two bourses. PSE President and CEO Ramon S. Monzon and TWSE Chairman Sherman Lin led the MOU signing ceremony on August 20, 2024, at TWSE Headquarters in Taipei, Taiwan.
Under the MOU, PSE and TWSE will collaborate on product development and market promotion and share best practices in areas such as regulations, ESG practices, and market trends, among others.
“I believe this MOU is a good starting point for the relationship between PSE and TWSE and is key to fostering the friendship recently formed between us and exploring mutually beneficial endeavors for the two bourses. TWSE’s insights on product and technology development, regulatory and sustainability initiatives will serve as invaluable inputs to our Exchange,” said PSE President and CEO Ramon S. Monzon.
PSE and TWSE will form a working group to carry out the objectives in the areas of cooperation covered by the MOU.
Photo Caption: TWSE Chairman Sherman Lin and PSE President and CEO Ramon S. Monzon signed the memorandum of understanding to formalize the cooperation between the two exchanges.
