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Since the 1950s, the Council of Europe has established conventions and information networks to enhance student mobility and qualification recognition in Europe. In contrast, Asia did not take this issue into consideration until 1983, when the UNESCO Regional Convention on the Recognition of Studies, Diplomas and Degrees in Higher Education in Asia and the Pacific (the "1983 Convention") was adopted. The recognition of a joint degree when the schools are in two different countries is even more challenging than for a conventional degree, because they do not belong to any single national higher education system. The first purpose of this study is to describe the current situation in the recognition of foreign qualifications in higher education institutions in Europe and Asia. Next, schemes, procedures and challenges for recognizing a joint degree will be analyzed. The role of recognition bodies and quality assurance agencies in qualification recognition will be discussed at the end of the paper.