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The Financial Services Commission of Mauritius (FSC Mauritius) and the Financial Services Authority of the Seychelles (FSA) have announced the signing of a Memorandum of Understanding (MoU) at the beginning of March.
According to the official press release, both regulatory bodies will provide joint support and information exchange.
Taking into account the increasing commitment of both FSC Mauritius and FSA Seychelles in international financial markets, the need for cooperation and mutual consultations seems to be extremely important. Jennifer Morel from the FSA and Dharam Dev Manraj from the FSC claim that this will ensure enforcement of and compliance with the regulations and ... (read more)