Abu Dhabi Global Market Signs MOU With The China Banking Regulatory Commission (CBRC) To Facilitate Cooperation And Business Expansion

Abu Dhabi Global Market (ADGM)’s Financial Services Regulatory Authority (FSRA) and the China Banking Regulatory Commission (CBRC) entered into a Memorandum of Understanding (MoU) to facilitate co-operation and the exchange of information that supports the exchange of regulatory information as well as the development of financial institutions in both jurisdictions.  The MoU was signed by Mr SHANG Fulin, Chairman of the China Banking Regulatory Commission (CBRC) and Mr Richard Teng, Chief Executive Officer, Financial Services Regulatory Authority (FSRSA) of ADGM on 28 April 2016 in Beijing.