The two jurisdictions have signed an agreement to exchange information and push forward market access.

Jersey has signed what it calls a landmark agreement with Abu Dhabi to co-operate on exchanging information between the two jurisdictions.

The Jersey Financial Services Commission has inked a memorandum of understanding with the Financial Services Regulatory Authority of Abu Dhabi Global Market.

“A key element of the work that we undertake is facilitating market access, whilst at the same time working to protect and enhance Jersey’s reputation. This MOU acknowledges our shared ambitions for a long-term partnership and collaboration. We have every expectation that the Abu Dhabi Global Market will grow into a world leading financial centre and we will work together to exchange ideas, develop and cooperate, whilst adhering to international regulatory standards,” John Harris, director general of JFSC, said.