Page 412 - 《期货和衍生品行业监管动态》(2022年合集)
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期货和衍生品行业监管动态




                        International Financial Services Centre Authority (IFSCA) and the Monetary
                   Authority of Singapore (MAS) today exchanged a Memorandum of Understanding

                   (MOU) on supervisory cooperation, in the presence of the Honourable Prime Minister

                   of India Shri. Narendra Modi at GIFT City, Gandhinagar, India.


                        The MOU provides a framework for supervisory cooperation between the two

                   authorities in relation to financial services including stock exchanges and technical

                   cooperation. It paves the way for mutual assistance and the facilitation of the

                   exchange of information between the Authorities, to strengthen the supervision of

                   cross-border operations of the exchanges and compliance by the exchanges with the

                   applicable laws and regulations.


                        Welcoming the partnership with MAS, Shri. Injeti Srinivas, Chairperson, IFSCA

                   said that India and Singapore have shared a longstanding strategic economic and
                   financial relationship. This MOU between IFSCA and MAS will further strengthen


                   and foster supervisory cooperation, exchange of information and sharing of best
                   practices in key emerging areas of mutual interest between the authorities.


                        Mr Ravi Menon, Managing Director, MAS, said, “This MOU not only paves the

                   way for deeper collaboration between IFSCA and MAS, but will also facilitate greater

                   partnership between financial institutions in India and in Singapore. There is scope

                   for greater markets connectivity between India and Singapore and this MOU will

                   facilitate exploring opportunities.”


                   https://www.mas.gov.sg/news/media-releases/2022/monetary-authority-of-singapore-

                   and-the-international-financial-services-centre-authority-exchange-memorandum-of-u

                   nderstanding-on-supervisory-cooperation


















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