The memorandum marks the companies’ first collaboration with a Japanese-owned and Singapore-based asset manager respectively, with both aiming to develop investment products that will meet evolving investor needs in the two countries
The new offering is designed to provide accessible and actionable data and analytics, while delivering risk, revenue, regulatory and business resiliency insights
The toolkit aims to reduce fragmentation in regulatory and supervisory approaches to third-party risk management across jurisdictions and different areas of the financial services sector
01 December 2023UK, India Reporter: Carmella Haswell
The Memorandum of Understanding establishes a framework for the Bank of England to place reliance on the Reserve Bank of India’s regulatory and supervisory activities