The Capital Markets & Securities Authority (CMSA), Tanzania and the Financial Services Commission, Mauritius (FSC Mauritius) entered into a Memorandum of Understanding (MoU) on the 16th June 2016 regarding Mutual Assistance and Exchange of Information.
The MoU was signed by Mrs Nasama Massinda, Chief Executive Officer of CMSA, Tanzania and Mr P. K. Kuriachen, Acting Chief Executive of the FSC Mauritius.
The CMSA, Tanzania and the FSC Mauritius entered into the MoU to strengthen cooperation and collaboration, considering the increasing international activity in the financial market and the corresponding need for mutual cooperation and consultation among financial regulators.
This MoU sets forth the Authorities' intent with regard to mutual assistance and the exchange of information for the purpose of enforcing and securing compliance with the respective Laws and Regulations of the jurisdictions of the Authorities.
Source: Financial Services Commission