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Memorandum Of Understanding

All articles tagged with #memorandum of understanding

finance1 month ago•2 min saved

US Regulators Forge Joint Path to Harmonize Rules and Spur Innovation

The SEC and CFTC have signed a Memorandum of Understanding to coordinate oversight, align regulatory definitions, and share data to reduce duplicative rules while supporting lawful financial innovation and protecting investors and market integrity. They launched the Joint Harmonization Initiative to coordinate policy, examinations, and enforcement across areas such as product definitions, clearing/margin frameworks, crypto assets, and cross-market reporting, with co-leads Robert Teply (SEC) and Meghan Tente (CFTC) and public input invited.

via SEC.gov|

#cftc #finance #financial-innovation

business1 month ago•2 min saved

US Regulators Align to Streamline Oversight and Boost Innovation

The CFTC and SEC signed a Memorandum of Understanding to coordinate oversight, reduce duplicative rules, and support lawful innovation while protecting investors. They launched the Joint Harmonization Initiative to align product definitions, modernize clearing and margins, ease operations for cross-registered venues, and establish a crypto-asset regulatory framework, alongside streamlined reporting, with public input welcome; the effort is led by Meghan Tente (CFTC) and Robert Teply (SEC).

via Commodity Futures Trading Commission | CFTC (.gov)|

#business #cftc #financial-regulation

world3 months ago•4 min saved

Ontario and New York Collaborate on Advanced Nuclear Energy Initiatives

Ontario and New York have signed an agreement to collaborate on developing nuclear technologies, including small modular reactors, to meet increasing energy demands, enhance reliability, and promote decarbonization, with a focus on technological innovation, trade, and workforce development.

via cbc.ca|

#memorandum-of-understanding #new-york #nuclear-energy

international-relations2 years ago•0 min saved

China and Singapore to Establish Phone Link for Military Talks.

China and Singapore have signed a memorandum of understanding to establish a phone link for "high-level" military talks. The agreement was made during a meeting between the defence chiefs of both countries, General Li Shangfu and Ng Eng Hen, respectively. General Li is currently in Singapore for the Shangri-La Dialogue, an annual security summit.

via South China Morning Post|

#china #international-relations #memorandum-of-understanding

finance3 years ago•1 min saved

Zambia's Debt Relief Efforts Face Delays and Concerns.

Zambia's official creditors, including China, are expected to sign a Memorandum of Understanding (MOU) on debt relief in May, which would pave the way for more IMF funding. The country has been in default since 2020, with external debt amounting to $18.6 billion, and is hoping for more than $8 billion of debt relief. The MOU would outline specific modalities of debt relief aligned with the parameters of a $1.3 billion 38-month program signed off by the IMF's board in August 2022.

via Reuters|

#china #debt-relief #finance