Singapore, UAE sign MOU on securities markets

The Monetary Authority of Singapore (MAS) said on Tuesday 16 August that it has signed a Memorandum of Understanding (MOU) with the Emirates Securities and Commodities Authority (ESCA) of the United Arab Emirates (UAE).

Aiming to strengthen bilateral cooperation and communication, the two sides "agree to provide mutual assistance and exchange information and expertise relating to regulation and market conduct of the securities industries of Singapore and the UAE," said a MAS statement.