PIDM signs MoUs with US, S Korea
Published on: Friday, December 09, 2016
Kuala Lumpur: The Malaysia Deposit Insurance Corporation (PIDM) has signed two separate Memorandums of Understanding (MoUs) with the United States Federal Deposit Insurance Corporation (FDIC) and Korea Deposit Insurance Corporation (KDIC).In a statement Thursday, Executive General Manager Rafiz Azuan Abdullah said the MoUs are part of the corporation's continuous efforts at extending mutual cooperation and collaboration with international counterparts."The formalisation of or collaboration with these jurisdictions is also part of PIDM's continuous efforts at enhancing our capability and operational readiness.
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"The cooperation and sharing of information between the countries will enhance the ability to fulfill our respective mandates effectively and efficiently," he added.Stay up-to-date by following Daily Express’s Telegram channel.
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