The Financial Activities Audit Committee (CCAF) of the Principality of Monaco has signed a cooperation agreement with its Dutch counterpart, the AFM (Stichting Autoriteit Financiële Markten).
This is the second bilateral agreement signed by the CCAF as an independent administrative authority and will enable information to be exchanged between the two entities within the context of monitoring financial markets. Information is exchanged on a basis of reciprocity and the information transferred can only be used for the purposes for which it was communicated.
Six bilateral agreements are now in place:
1. The French Financial Markets Authority (AMF) since March 2002,
2. The Italian Auditing Authority (CONSOB) since November 2003,
3. The Luxembourg Monitoring Authority (CSSF) since June 2004,
4. The Belgian Regulator (CBFA) since March 2005,
5. The German Regulator (BaFin) since July 2009,
6. The Dutch Regulator (AFM) since January 2011.
For further information:
Financial Activities Auditing Board