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Supervision of Banks: Austria and Russia Intensify Cooperation
Politics ♦
Published: October 18, 2010; 13:28 ♦ (Vindobona)
A Memorandum of Understanding just signed facilitates cooperation in banking supervision between the two countries.
Supervision of Banks: Austria and Russia Intensify Cooperation / Picture: © OeNB
The Austrian Financial Market Authority (FMA) and the Oesterreichische Nationalbank (OeNB) signed today a Memorandum of Understanding (MoU) for bilateral cooperation in banking supervision with the Russian Central Bank.
This MoU facilitates cross-border co-operation with the non-EU country by specifying the legal provisions applicable for supervisory practice. This is…
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