The Jersey Financial Services Commission (the “Commission”) and the National Bank of Slovakia (the “NBS”) have signed a Memorandum of Understanding (“MOU”) that will help facilitate co-operation between the two regulatory bodies.
John Harris, Director General of the Commission, said, “I am delighted to sign this Memorandum of Understanding with the National Bank of Slovakia. The global financial crisis has highlighted the need for close co-operation between regulators and this Memorandum will assist in that regard by establishing a formal framework for the exchange of regulatory information and the provision of investigative assistance.”
A copy of the MoU can be downloaded from the Commission’s Website:
The Commission has MoUs (either on a bilateral or multilateral basis) with regulators in over 70 countries.