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Islamic Business and Finance: DFSA signs an MoU with the Central Bank of Egypt

The collaboration includes, but is not limited to combatting financial crime and conducting consolidated supervision of common firms.
18.08.19 | Interesting article at Islamic Business and Finance

The Dubai Financial Services Authority (DFSA) has signed an MoU with the Central Bank of Egypt (CBE) to enhance cooperation between the two institutions and facilitate the performance of their respective supervisory tasks as well as promote the safety and soundness of banks in their respective jurisdictions.

Bryan Stirewalt, the Chief Executive of the DFSA, said that the MoU will enhance cooperation by promoting stable and transparent financial services in the two institutions’ respective jurisdictions as well as contribute to strengthening investor confidence.