A Memorandum of Understanding was signed between the Office of the Ombudsperson for Financial Services and the Competition Commission on the 25th May 2022. The MOU was signed by Dr. Mitrajeet Dhaneshwar Maraye, Ombudsperson for Financial Services, and Mr. Deshmuk Kowlessur, Executive Director of the Competition Commission.
This Memorandum of Understanding sets out a framework of co-operation between the Competition Commission and the Office of the Ombudsperson for Financial Services , to enable both institutions to effectively enforce their objectives and discharge functions under their respective legislations.