"The document provides cooperation in the field of surveillance over the activity of parent organizations and their transborder structures with performance of the requirements of national legislations of both states. It provides information about exchange with information about the condition of the market, changes in the norms and requirements concerning surveillance of banks, exchange with information about licensing and surveillance over parent organizations and their transborder factors," reads the message.
The parties will share information for combating money laundering and financing of terrorism. The surveillance bodies of two states will conduct joint arrangements for study and analysis of discovery of schemes of illegal profits laundering.
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