MAS signs MOU with Dubai Financial Services Authority Posted: 08 October 2008 2039 hrs
Photos
of
SINGAPORE : The Monetary Authority of Singapore (MAS) has signed a memorandum of understanding (MOU) with the Dubai Financial Services Authority.
The MOU, which takes immediate effect, offers a formal basis for supervisory cooperation between the two authorities in banking, insurance and capital markets.
It allows both authorities to share information and strengthen the supervision of cross-border operations of financial institutions. - CNA /ls
