Bank Negara works with DFSA

Although the transaction was concluded at RM703.44 per sq ft (psf), a source said the special-purpose vehicle (SPV) created by the MoF to undertake the transaction had initially wanted

KUALA LUMPUR: Bank Negara and Dubai Financial Services Authority (DFSA) are working closer together to enhance their supervision of banks and insurance/takaful/reinsurance companies in both countries.

Bank Negara and DFSA had on Nov 28 inked an MoU on supervisory cooperation and coordination where both authorities will share information, facilitate consolidated and cross-border on-site supervision.