The Cyprus Securities and Exchange Commission has announced the signing of a Memorandum of Understanding with the Financial Services Regulatory Authority of Abu Dhabi Global Market, the international financial centre in Abu Dhabi.
The signing of the MoU is intended to uphold the integrity of the markets, safeguard the interests of investors and foster robust development by facilitating cooperation between the two supervisory authorities, particularly in the form of exchange of relevant and appropriate information and technical expertise.
The agreement also provides a framework for the two authorities to conduct efficient and effective investigations of potential violations of the legislation regarding the securities market.
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