Dubai
The Guernsey Financial Services Commission (GFSC) has signed a Memorandum of Understanding (MoU) with the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM).
The MoU is intended to facilitate cooperation on the supervision of cross-border establishments and the exchange of information, as well as to foster best regulatory practice in both jurisdictions.
“It represents a further demonstration of Guernsey’s commitment to working with overseas regulatory authorities and to playing its part in addressing matters of global interest and concern in the area of financial services regulation. We are looking forward to developing a close working relationship with our new partners at the Financial Services Regulatory Authority of Abu Dhabi Global Market.” William Mason, Director General of the GFSC said in a statement.
