GCGRA signs regulatory cooperation agreement with ADGM’s FSRA in UAE
By SectorWire desk ·
Summary
The UAE’s GCGRA has signed a memorandum of understanding with ADGM’s Financial Services Regulatory Authority on 16 August. The agreement establishes arrangements for sharing information, coordinating supervision and supporting investigations where the regulators’ responsibilities overlap.
Why it matters
The agreement establishes information sharing, coordinated supervision and investigation support where GCGRA and ADGM’s financial regulator have overlapping responsibilities.