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.

MOUs with Local Authorities

MOUs with Foreign Authorities