Memorandum of Understanding

Memorandum of Understanding

Effective cross-border supervision through exchange of information
Effective cooperation and exchange of information as well as robust working relationship between regulators are key to preserving financial stability. The FSC has signed several Memoranda of Understanding (MoUs) with local, regional and international counterparts aiming at:

consolidating supervision of cross-border operations of financial institutions;

  • defining mechanisms to share information in accordance with international standards; and
  • reinforcing collaboration amongst institutions in the fight against crime, Money Laundering and Financing of Terrorism.
  • The FSC is also committed to adhering to international best practices on transparency and disclosure of information.

Multilateral Memorandum of Understanding (MMoU)
Date of Signature
1. International Association of Insurance Supervisors (IAIS)
23 December 2013
2. International Organization of Securities Commissions (IOSCO)
16 May 2012
3. Southern African Development Community Committee of Insurance, Securities and Non-banking Financial Authorities (SADC CISNA)
03 April 2003

 

Regional Memorandum of Understanding
Date of Signature
1. IOSCO Africa Middle East Regional Committee
18 September 2013
2. South Asian Securities Regulators Forum
13 May 2005

MoUs (relating to the supervision of AIFMD entities) with European Union (EU) Member States Securities Regulators

Authority
Country
Date of Signature
1. Financial Services and Markets Authority
Belgium
22 July 2013
2.Financial Supervision Commission
Bulgaria
22 July 2013
3. Cyprus Securities and Exchange Commission
Cyprus
22 July 2013
4.Czech National Bank
Czech Republic
22 July 2013
5.Finanstilsynet
Denmark
22 July 2013
6.Estonian Financial Supervision Authority
Estonia
22 July 2013
7. Hellenic Capital Market Commission
Greece
22 July 2013
8. Pénzügyi Szervezetek Állami Felügyelete
Hungary
22 July 2013
9. Central Bank of Ireland
Ireland
22 July 2013
10. Finanšu un kapitāla tirgus komisija
Latvia
22 July 2013
11. Bank of Lithuania
Lithuania
22 July 2013
12. Commission de Surveillance du Secteur Financier
Luxembourg
22 July 2013
13. Malta Financial Services Authority
Malta
22 July 2013
14. Authoriteit Financiële Markten
The Netherlands
22 July 2013
15. Polish Financial Supervision Authority
Poland
22 July 2013
16. Comissão do Mercado de Valores Mobiliários
Portugal
22 July 2013
17.Romanian Financial Supervisory Authority
Romania
22 July 2013
18. Národná banka Slovenska
Slovak Republic
22 July 2013
19. Finansinspektionen
Sweden
22 July 2013
20.Financial Conduct Authority
United Kingdom
22 July 2013
21.Autorité des Marchés Financiers
France
19 September 2014

 

MoUs (relating to the supervision of AIFMD entities) with European Economic Area (EEA) Securities Regulators

Authority
Country
Date of Signature
1. Fjármálaeftirlitið
Iceland
22 July 2013
2. Finanzmarktaufsicht
Liechtenstein
22 July 2013
3. Finanstilsynet
Norway
22 July 2013



MoUs (relating to the supervision of AIFMD entities) with Other Securities Regulators

Authority
Country
Date of Signature
1. Financial Services Commission
Gibraltar
22 July 2014


MoUs with Foreign Authorities

Authority
Country
Date of Signature
1. Securities and Exchange Board of India
India
12 December 2002
2. Financial Services Board
South Africa
30 October 2003
3. Financial Services Authority
Malta
13 January 2004
4. Securities and Exchange Commission
Zambia
01 April 2004
5. Insurance Supervisory Department
Tanzania
01 April 2004
6. Namibia Financial Institutions Supervisory Authority
Namibia
01 April 2004
7. Capital Markets Authority
Uganda
01 April 2004
8. Pensions and Insurance Authority
Zambia
01 April 2004
9. Financial Services Authority
Isle of Man
18 November 2004
10. Reserve Bank of Malawi
Malawi
15 April 2005
11. Central Bank of Lesotho
Lesotho
13 October 2005
12. Financial Services Commission
Jersey
26 December 2005
13. Financial Services Commission
Guernsey
11 November 2009
14. Financial Services Authority
Labuan
23 April 2010
15. Capital Markets Authority
Kenya
23 February 2012
16. Non-Bank Financial Institutions Regulatory Authority
Botswana
19 April 2012
17. Securities and Exchange Commission
Nigeria
19 May 2012
18. Cyprus Securities and Exchange Commission (CySEC)
Cyprus
04 September 2012
19. Capital Market Development Authority
Maldives
16 January 2013
20. Comissão do Mercado de Capitais (CMC)
Angola
29 September 2014
21. The National Stock Exchange of India Limited
India
03 September 2015
22. Financial Services Authority
Dubai
01 October 2015
23. Financial Services Authority
Seychelles
03 March 2016
24. Financial Services Regulatory Authority
Swaziland
31 March 2016
25. Capital Markets & Securities Authority
Tanzania
16 June 2016
26. Financial Services Regulatory Authority
Abu Dhabi
19 December 2016


MOUs with Local Authorities

Authority
Date of Signature
1. Bank of Mauritius
05 December 2002
2. Financial Intelligence
18 June 2004
3. Mauritius Revenue Authority
03 June 2010
4. Competition Commission Mauritius
11 November 2011
5. Financial Reporting Council
10 April 2012
6. Statistics Mauritius
09 February 2012
7. Corporate And Business Registration Department
01 December 2016