Securities Commission deputy chief executive Datuk Zainal Izlan Zainal Abidin (left) and Labuan FSA chairman Datuk Siti Zainab Omar (right).
KUALA LUMPUR: The Securities Commission Malaysia (SC) has inked a memorandum of understanding (MoU) with the Labuan Financial Services Authority (Labuan FSA) to pave the way for greater regulatory, enforcement and supervisory cooperation between the two regulators.
Taking cognisant of the changing business landscape, as well as new regulatory and policy developments, the MOU builds upon and strengthens the memorandum of cooperation and mutual assistance signed between the SC and Labuan FSA in 2004.
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