India: India-UAE MoU to Promote Innovation in Financial Products and Services
Progress
Current status
adopted
15 Mar 2023 adopted
Scope
Implementers
India
United Arab Emirates
Policy Area
Instrument unspecified
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central bank
Implementation Level
bi- or plurilateral agreement
Timeline of events
Signed India-UAE MoU to Promote Innovation in Financial Products and Services
On 15 March 2023, the Reserve Bank of India (RBI) and the Central Bank of the United Arab Emirates (CBUAE) signed a Memorandum of Understanding (MoU) to promote innovation in financial products and services. Under the MoU, the parties will explore i…
SourceEvent type
declaration
Action type
adoption
Government branch
executive
Government body
central bank