INTERNATIONAL: Financial Services Board of South Africa and Abu Dhabi Global Market Form New Partnership

Tuesday August 9 2016

On 9th August 2016, the Financial Services Board (the FSB) of the Republic of South Africa and the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) signed a Memorandum Of Understanding (MoU) to enable greater collaboration on regulatory matters and facilitate the exchange of information to promote the robustness and maintain the integrity of the financial industries in both countries.

The MoU sets in place a framework for mutual assistance and cooperation between the Authorities to enforce and secure compliance with laws and regulations of their respective jurisdictions. This underpins their commitment to uphold the highest international regulatory standards and practice in both jurisdictions.

Click on the link above for further details.