Memorandum of understanding between "Regulating financial services in Abu Dhabi Global" and"Greek money market" To enhance organizational cooperation
ABU DHABI, May 20 / WAM / The Abu Dhabi Global Financial Services Regulatory Authority (ADGM) and the Greek Capital Market Authority announced the signing of a memorandum of understanding, to establish an official framework for cooperation and exchange of support between the two sides.
The memorandum of understanding was signed by Emmanuel Jevanakis, CEO of the Financial Services Regulatory Authority of Abu Dhabi Global, and Vasiliki Lazarakkou, President of the Greek Capital Market Authority.
The agreement provides a practical framework that allows the Financial Services Regulatory Authority and the Greek Capital Market Authority to work together in the field of supervising and regulating capital markets, including an organized exchange of information and providing support within the scope of the jurisdiction of both parties, which contributes to enhancing the integrity of the markets and consolidating investor confidence.
The agreement also facilitates cooperation on common priorities, such as combating money laundering, terrorist financing and financing of arms proliferation, and ensuring compliance with relevant sanctions.
Emmanuel Jevanakis, CEO of the Financial Services Regulatory Authority at Abu Dhabi Global, said: “The memorandum of understanding with the Greek Capital Market Authority constitutes an important step towards strengthening international regulatory cooperation. By consolidating our relations with key international partners, we confirm our commitment to maintaining the highest standards of market integrity, transparency and effective supervision.”
For her part, Vasiliki Lazarakkou, President of the Greek Capital Market Authority, said that this agreement contributes to strengthening the authority’s international cooperation with prominent regulatory bodies outside the European Union, ensuring more effective supervision and enhancing confidence in the markets.
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