PRA: MoU between PRA and Dubai Financial Services Authority

The purpose of this MoU is to establish a formal basis for co-operation, including the exchange of information and investigative assistance, to facilitate timely and effective (and in the case of PRA, judgement-based) supervision, identify risks to the financial system and, where necessary, to address emergency/crisis situations), especially in instances where emergency/crisis situations involve firms with cross=border operations.