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Abu Dhabi financial center, Mauritius counterpart agree to boost cooperation

Source: Xinhua   2017-01-29 19:38:34

DUBAI, Jan. 29 (Xinhua) -- Abu Dhabi Global Market (ADGM), the international financial center in Abu Dhabi, and the Mauritius Financial Services Commission, agreed on Sunday to boost cooperation, United Arab Emirates (UAE) state news agency WAM reported.

The two sides signed a memorandum of understanding to strengthen regulatory cooperation, facilitate joint collaboration and exchange of information.

"We are pleased to continue our efforts in establishing closer collaboration with global authorities to bolster the high regulatory practice and standards in our respective jurisdictions," said Richard Teng, chief executive officer of Financial Services Regulatory Authority of ADGM.

P.K. Kuriachen, acting chief executive of the Mauritius Financial Services Commission, said the memorandum of understanding "represents our mutual endeavour to bridge the gap further with the Middle East countries... and to work together toward the development of the respective markets in a business friendly and healthy environment."

Editor: ying
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Abu Dhabi financial center, Mauritius counterpart agree to boost cooperation

Source: Xinhua 2017-01-29 19:38:34
[Editor: huaxia]

DUBAI, Jan. 29 (Xinhua) -- Abu Dhabi Global Market (ADGM), the international financial center in Abu Dhabi, and the Mauritius Financial Services Commission, agreed on Sunday to boost cooperation, United Arab Emirates (UAE) state news agency WAM reported.

The two sides signed a memorandum of understanding to strengthen regulatory cooperation, facilitate joint collaboration and exchange of information.

"We are pleased to continue our efforts in establishing closer collaboration with global authorities to bolster the high regulatory practice and standards in our respective jurisdictions," said Richard Teng, chief executive officer of Financial Services Regulatory Authority of ADGM.

P.K. Kuriachen, acting chief executive of the Mauritius Financial Services Commission, said the memorandum of understanding "represents our mutual endeavour to bridge the gap further with the Middle East countries... and to work together toward the development of the respective markets in a business friendly and healthy environment."

[Editor: huaxia]
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