BOM signs a MoU with and Bangko Sentral NG Pilipinas
Article Published on April 6, 2021
The Bank of Mauritius (BoM) has announced through a communique on 18 March 2021 that it has signed a Memorandum of Understanding
(MoU) with the central bank of Philippines - Bangko Sentral NG Pilipinas (BSP) - in a collective bid to reinforce the bilateral ties between the
two countries. Additionally, the MoU is expected to help foster exchange of information, capacity building, and collaboration in key areas of
Central Banking.
This partnership is in accordance with BoM’s aim to better its processes and capabilities through interactivity with foreign regulatory institutions.
Having taken effect on 1 March 2021, the MoU covers the development of banking and payment systems, FinTech, cybersecurity, and sustainable
central banking.
You can access the full press release here
