Securities and Exchange Board of India (SEBI) signed MoU with European Union and Iran
Posted on:08 Jun 2017 11:35:10
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08 June 2017 Current Affairs:
The Union Cabinet gave its approval for Securities and Exchange Board of India (SEBI) to enter into two separate memoranda of understanding (MoU) with securities market regulators of the European Union and Iran.
These MoUs are expected to strengthen cooperation between India and the respective countries on matters pertaining to the securities market.
In the case of the European Securities and Markets Authority (ESMA), the MoU is likely to establish cooperation arrangements as a precondition for ESMA to recognize Central Counter Parties (CCPs).
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