MFSA becomes a signatory to the IAIS Multilateral MoU on co-operation and information exchange

The International Association of Insurance Supervisors (IAIS) has accepted the MFSA’s application for accession to the Multilateral Memorandum of Understanding (MMoU) on co-operation and information exchange. The MFSA officially signed the MMoU on...

The International Association of Insurance Supervisors (IAIS) has accepted the MFSA’s application for accession to the Multilateral Memorandum of Understanding (MMoU) on co-operation and information exchange. The MFSA officially signed the MMoU on October 26, after a lengthy application process which involved a thorough screening and scrutiny of Malta’s legislative and regulatory framework.

The MMoU may be viewed on the IAIS website at the following link: http://www.iaisweb.org/__temp/IAIS_MMoU.pdf. The IAIS was established in 1994 with the aim of establishing sound insurance markets and contributing to international financial stabi-lity and has grown into a network of over 190 jurisdictions worldwide.

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