The country’s central bank, Autoriti Monetari Brunei Darussalam, has entered into an MoU with Malaysia’s Bank Negara in order to establish a collaborative framework towards enhancing mutual cooperation in the development of the financial services sector in the two countries. The MoU includes arrangements related to cross-border banking supervision; exchange of information; cooperation in capacity building and human capital development between the two central banks; as well as development in the area of Islamic finance.
