Central Banks of Mauritius and Comores sign MoU to reinforce cooperation

The Bank of Mauritius and the Banque Centrale des Comores have signed a Memorandum of Understanding (MoU).

The MoU was signed by Bank of Mauritius Governor Harvesh Seegolam and by Banque Centrale des Comores Governor Dr Younoussa Imani.

The BoM said the purpose of the MoU is to reinforce bilateral cooperation and enhance exchange of information between the Bank of Mauritius and the Banque Centrale des Comores.

The Agreement also provides for information sharing on cross border supervision, on-site inspections of cross border establishments, capacity building, and collaboration in key areas of mutual interest.