# Memorandum of Understanding, MoU (also used in German)

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- Post ID: 594881
- Modified: 2023-07-25T21:02:55+00:00
- Language: en

## Definition

Generally in the financial market, an agreement between the partners on how a transaction should proceed in detail (when a framework for private negotiations has been defined, a memorandum of understanding is often signed to open the way to a transaction). - Bilateral agreement between the regulatory authorities of different countries. They include memoranda of understanding on the exchange of confidential information to facilitate cross-border cooperation. In particular, they agree to comply with requests for information in investigations of insider trading, market manipulation or other violations under their respective national laws. - Agreements on the management of possible financial crises between individual EU states. - See Banking Supervision, European, Gentlemen's Agreement, Multilateral Memorandum of Understanding. - Cf. 2001 Annual Report of the Federal Supervisory Office for Securities Trading, p. 50 f., BaFin Annual Report 2005, pp. 59 f. (IOSCO initiative; p. 60: list of MoUs between BaFin and supervisory authorities of other countries in the areas of banking supervision, insurance supervision, and securities supervision), ECB Monthly Report of February 2007, pp. 81 ff. (detailed account relating to MoUs in financial crises in the EU), BaFin Annual Report 2006, p. 62 (overview of bilateral MoUs in the individual supervisory areas), BaFin Annual Report 2007, p. 70 ff. (here also overview of MoUs), BaFin Annual Report 2008, p. 68 ff. (further agreements), BaFin Annual Report 2012, p. 79 (new overview of MoUs), and the respective BaFin Annual Report, chapter "International." Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

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