The FSC Chairman Koo signed the FinTech Cooperation Agreement with Mr. Mark Brnovich, Attorney General of the State of Arizona, U.S. on September 25, 2018. The agreement includes a bilateral supervisory authority referral mechanism, information sharing and potential joint innovation plans. Following the signing, each side, on the basis of the agreement, can refer startups to the other, provide assistance to understand the each other’s supervisory system, and share each’s market and financial services related information.