The Jersey Financial Services Commission (JFSC) and the Irish Financial Services Regulatory Authority (IFSRA) have signed a Memorandum of Understanding.
The Memorandum of Understanding establishes a formal framework for mutual assistance and the exchange of information between each regulator to facilitate the enforcement of, and secure compliance with, the laws and regulations of each jurisdiction.
The Memorandum of Understanding commits both regulators to providing help within the limits of each jurisdictions’ laws, and establishes procedures and liaison points so that requests for information needed for tackling financial regulatory offences can be handled rapidly and efficiently.
John Harris, Director General of the Commission, announced that:
“I am delighted to sign this Memorandum of Understanding with the Irish Financial Services Regulatory Authority. It is the latest in a number established between the Commission and other regulators around the world and reflects the Commission’s commitment to cross-border regulatory co-operation.”
The Irish Financial Services Regulatory Authority was established on 1 May 2003. The Authority is responsible for the regulation of all financial services firms in Ireland.
.
Network Tweets
Network BlogsContent
provided by
|
Archive | Resources | Partners | Site Map | Links | Newsletter Archive | Contact | RSS Feeds | About | Syndication | Advertising & Marketing | Recruitment | Terms & Conditions | Privacy & Cookies
Copyright © 2012 - All Rights Reserved - Tax-News.com
IMPORTANT NOTICE: Tax-News.com has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments.
Write a comment