Monday February 22 2016
News Source: Global Exchanges
Focus: Other
Type: General
Country: International
Link: http://www.jerseyfsc.org/pdf/39%20-%20FINAL%20JFSC%20signs%20MOU%20with%20ADGM.pdf
The Jersey Financial Services Commission (JFSC) signed a Memorandum Of Understanding (MOU) with the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) on 17 February 2016, which puts in place a formal mechanism to enable the regulatory authorities to co-operate on supervisory matters and exchange of information to maintain the stability and well-being of the financial systems in each respective capital market.
The MOU formally establishes a framework to facilitate long-term collaboration between JFSC and FSRA and underpins their commitment to foster and uphold the highest international regulatory standards and practice in both jurisdictions.
Click on the link above for further details.