QFC Regulatory Authority signs MoU with Banking Regulation and Supervision Agency of Turkey

Doha, August 14 (QNA) -The QFC Regulatory Authority and the Banking Regulation & Supervision Agency of Turkey (BRSA) have signed a Memorandum of Understanding (MOU) to promote stronger cross-border regulatory oversight and supervisory information sharing.
The MOU was signed on behalf of the BRSA by Tevfik Bilgin, BRSA Chairman and Phillip Thorpe, Chairman and Chief Executive Officer of the QFC Regulatory Authority.
Welcoming the signing of the MoU, Mr. Thorpe commented: "This Memorandum of Understanding establishes a valuable framework for co-operation between the Regulatory Authority and the BRSA. The agreement will allow us to share regulatory information on firms operating in our jurisdictions, which is becoming increasingly important as investment opportunities between Qatar and Turkey continue to grow."
"The agreement also provides us an excellent opportunity to share expertise and work closely in areas of common interest." he added. (QNA)