The Central Bank of the United Arab Emirates and the Central Bank of Syria have signed a memorandum of understanding establishing a framework for bilateral financial and technical cooperation. The agreement supports institutional capacity building, technical expertise and information exchange on regulatory frameworks. Cooperation will cover monetary policy, payment systems, cash management and financial technology, as well as banking supervision, licensing, enforcement, compliance and consumer protection. The framework also encompasses climate risk and sustainable finance, financial inclusion and literacy, credit information systems, reporting and risk management.
Central Bank of the UAE and Central Bank of Syria sign financial and technical cooperation memorandum
The Central Bank of the United Arab Emirates and the Central Bank of Syria have established a framework for financial and technical cooperation. It covers monetary policy, payments, financial technology, supervision, regulatory enforcement, financial inclusion and risk management.