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Signing of a Memorandum of Understanding on Cooperation between the Bangko Sentral ng Pilipinas and the Czech National Bank

10.12.2018

 

Signing of a Memorandum of Understanding on Cooperation between the Bangko Sentral ng Pilipinas and the Czech National Bank

The Bangko Sentral ng Pilipinas and the Czech National Bank signed a Memorandum of Understanding (MOU) on Cooperation. The MOU serves as the framework for closer coordination and beneficial cooperation between the two central banks in accordance with the Basel Core Principles for Effective Banking Supervision.
 
The MOU provides in greater detail the two financial regulators’ commitment to foster greater information exchange and cooperation on regulatory systems, supervisory procedures, including licensing, as well as capacity building programs on areas of mutual interest.

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