IFSCA and Finanstilsynet sign a Memorandum of Understanding (MoU)
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The International Financial Services Centres Authority of India (‘IFSCA’) and Finanstilsynet, the Financial Supervisory Authority of Norway, have entered into a Memorandum of Understanding (MoU) to formalize regulatory cooperation in identified areas of mutual interest.
The MoU was signed by Mr. K Rajaraman, Chairperson, IFSCA and Mr. Per Mathis Kongsrud, Director General, Finanstilsynet. The MoU was virtually exchanged and operationalized on February 13, 2026.
The objective of the MoU is to facilitate the sharing of information on recent trends and best practices in development, regulatory and business structures in the financial markets in the respective jurisdictions as well as to promote and secure the fitness and properness of licensed or registered persons and to promote high standards of fair dealing and integrity in conduct of business. In addition, the MoU will also facilitate the enforcement of laws, rules, and regulations governing financial products, financial services, and financial institutions within their respective jurisdictions. Furthermore, the MoU will encompass the sharing of information about application of technologies, innovations, financial technology and regulatory technology in the financial markets in the respective jurisdictions.
Image above: K. Rajaraman, Chair of IFSCA, together with K. Kundan Krishna.
Photo: Screenshot from video stream.
Image below: From left: Anders Hole, Per Mathis Kongsrud and Nina Moss.
Photo: Finanstilsynet