Multilateral Memorandum of UnderstandingMultilateral Memorandum of Understanding • July 31st, 2017
Contract Type FiledJuly 31st, 2017This Multilateral Memorandum of Understanding (hereinafter “Memorandum”) is entered into between the Competent Authorities (hereinafter “Authorities”) being members of the Group of International Financial Centre Supervisors (hereinafter “GIFCS”) which are signatories to this Memorandum. This Memorandum has been prepared to ensure clarity and encourage effective regulatory co-operation between all relevant competent authorities, including the framework of respective roles and requirements of such authorities, in order to achieve effective regulation and supervision; and to make provision for confidentiality rules regarding the sharing and exchange of information.