As part of the powers conferred by the Organic Charter of the Central Bank of Uruguay (section U, article 38 of law 16,696 in the wording given by article 11 of law 18,401), is the signing of cooperation agreements with international financial organizations or supervisory bodies of foreign countries in the areas of their duties and powers. Also, law 18,627 (Securities Market Law) in its article 9, section 14, authorizes the signing of this type of agreements. A Memorandum of Understanding (MOU), is an agreement between two or more supervisory bodies with the purpose of cooperating, sharing and requesting information on regulatory and supervisory matters. The information will be shared, as far as possible, including confidential information, in accordance with current legal provisions and agreements made. The SSF promotes the signing of cooperation agreements in those cases deemed useful to facilitate the exchange of information necessary for the proper performance of its functions.
Following are the agreements signed by the Superintendency of Financial Services with the prior authorization of the counterparts for the disclosure of their existence or content.