Signature of MoU between the Financial Services Commission, Mauritius (FSC Mauritius) and the Abu Dhabi Global Market

The Financial Services Commission, Mauritius (FSC Mauritius) and the Abu Dhabi Global Market- Financial Services Regulatory Authority (ADGM-FSRA) entered into a Memorandum of Understanding (MoU) on 19 December 2016 regarding Mutual Assistance and Exchange of Information. The MoU was signed by Mr P. K. Kuriachen, Acting Chief Executive of the FSC Mauritius and Mr. Richard Teng, Chief Executive Officer of ADGM-FSRA.

The FSC Mauritius and the ADGM- FSRA, in considering the growth of international activity in the financial market and increasing cross border transactions, and the corresponding need for mutual cooperation and consultation among financial regulators to ensure compliance with, and enforcement of, their financial laws and regulations entered into the MoU to strengthen cooperation and collaboration in this respect.

Source: FSC Mauritius