SCA and ADGM’s FSRA sign MoU

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SCA and ADGM’s FSRA sign MoU

SCA and ADGM’s FSRA sign MoU

(Abu Dhabi) – The Securities and Commodities Authority (SCA) has signed a Memorandum of Understanding, MoU, with the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) that covers bilateral cooperation in exchanging information and supervising capital markets and listed companies, as well as financial service companies.
The MoU also provides for cooperation in regulatory matters and investor protection through a framework that facilitates mutual cooperation and understanding.
Abdulla Al Turifi, CEO of SCA and Ahmed Ali Al Sayegh, Chairman of ADGM signed the MoU in the presence of Richard Teng, Chief Executive of FSRA.
(Courtesy WAM)