Off the wire
• 1st LD: Chinese embassy says at least 5 rescued form sunken boat in Malaysia  • Top news items in Kenyan media outlets  • Urgent: Chinese embassy says at least 5 rescued form sunken boat in Malaysia  • FLASH: MOST ON BOARD MISSING MALAYSIAN BOAT CARRYING CHINESE TOURISTS WERE FOUND, RESCUE ONGOING -- CHINA'S CONSULATE GENERAL'S OFFICE  • Spotlight: Trump pushes forward agenda, yet does nothing to narrow divide  • U.S. special operation in Yemen kills 8 Qaida militants, 12 civilians: sources  • Feature: Hotline for elderly "empty-nesters" on Spring Festival  • Death toll from flu rises to 26 in Greece  • Commentary: EU shoots itself in foot by turning to trade protectionism  • Feature: Malawians launch China-funded stadium with dances, friendly match  
You are here: 　 Home

Abu Dhabi financial center, Mauritius counterpart agree to boost cooperation

Xinhua, January 29, 2017 Adjust font size:

Abu Dhabi Global Market (ADGM), the international financial center in Abu Dhabi, and the Mauritius Financial Services Commission, agreed on Sunday to boost cooperation, United Arab Emirates (UAE) state news agency WAM reported.

The two sides signed a memorandum of understanding to strengthen regulatory cooperation, facilitate joint collaboration and exchange of information.

"We are pleased to continue our efforts in establishing closer collaboration with global authorities to bolster the high regulatory practice and standards in our respective jurisdictions," said Richard Teng, chief executive officer of Financial Services Regulatory Authority of ADGM.

P.K. Kuriachen, acting chief executive of the Mauritius Financial Services Commission, said the memorandum of understanding "represents our mutual endeavour to bridge the gap further with the Middle East countries... and to work together toward the development of the respective markets in a business friendly and healthy environment." Endit