The MoU also sets forth the intent of both authorities to enhance mutual cooperation towards promoting and developing cross-border activities.
The agreement was signed in Dubai on 1 October by DFSA chief executive Ian Johnston and FSC Mauritius chairperson Dharam Dev Manraj.
This latest MoU is the second signed by the FSC in the last two months; following an agreement with India’s national stock exchange (NSE), which was signed on 3 September.
The agreement is expected to enable the FSC to enhance its surveillance methods and increase collaboration in technology and education between the FSC and NSE.