Abu Dhabi: The Financial Services Regulatory Authority of the Abu Dhabi Global Market (ADGM) announced it has signed a memorandum of understanding with the Securities and Exchange Board of India to enhance regulatory cooperation.
The memorandum establishes a framework for both authorities to provide assistance, exchange regulatory information and cooperate in overseeing the compliance of financial institutions with their respective market laws and regulations.
The memorandum also enables both parties to include initiatives such as joint training and technical assistance to strengthen the regulatory standards in both jurisdictions.
