The memorandum of understanding explains how the organisations will collaborate on issues where they have shared interests. This includes promoting a culture of cooperation and collaboration between the Competition and Markets Authority (CMA) and the Bank of England, and sets out how they will share information to assist each other in carrying out their functions.

To read the memorandum of understanding, visit the CMA’s website.

CMA and Bank of England Forge New Collaborative Agreement

The Competition and Markets Authority (CMA) and the Bank of England have signed a new memorandum of understanding aimed at improving their cooperation on various issues of mutual interest. This agreement is designed to foster a culture of collaboration between the two organizations.

 Under this memorandum, the CMA and the Bank of England will share information more effectively, which will assist both entities in fulfilling their respective functions. This initiative is expected to lead to better regulatory outcomes and a more cohesive approach to market oversight.

 The memorandum outlines specific areas where the two organizations will work together, emphasizing the importance of communication and joint efforts in addressing challenges that affect the financial and competitive landscape.



CMA and Bank of England Forge New Collaborative Agreement

The Competition and Markets Authority and the Bank of England have established a memorandum of understanding to enhance their collaboration on shared interests.