Union Cabinet approves for MoU between SEBI and FSRA Abu Dhabi

Posted on:13 May 2016 16:42:02
Union Cabinet approves for MoU between SEBI and FSRA Abu Dhabi
13 May 2016 Current Affairs: The Union Cabinet chaired by Prime Minister Narendra Modi on 12 May 2016 gave its approval to Securities and Exchange Board of India (SEBI) to sign a Memorandum of Understanding (MoU) with Financial Services Regulatory Authority (FSRA), Abu Dhabi.

Features of the MoU : The MoU is for mutual co-operation and technical assistance between the two financial regulators. It will promote further development of economic links and cooperation between the two signatoriesIt will help to create conditions for development of securities markets in the two countries.It would also contribute towards strengthening the information sharing framework between the two regulators.

Apart from Abu Dhabi, SEBI also signed bilateral agreements with a number of countries which include Mauritius, Bangladesh et

SEBI is signing MoUs with different country’s financial jurisdictions who are not a signatory to the multilateral MoU of International Organisation of Securities Commissions (IOSCO).

 SEBI is a signatory to global market regulators' grouping IOSCO's MoU which encourages the exchange of information and assistance.

Monthly Current Affairs

Current Affairs Section

Daily Current Affairs Quiz

Subscribe to Current Affairs

Enter your email to get daily current affairs

Current Affairs October 2017

19 OCTOBER
NEWS
18 OCTOBER
NEWS
17 OCTOBER
NEWS
16 OCTOBER
NEWS

Current Affairs September 2017

30 SEPTEMBER
NEWS
28 SEPTEMBER
NEWS
27 SEPTEMBER
NEWS
26 SEPTEMBER
NEWS

Current Affairs August 2017

31 AUGUST
NEWS
30 AUGUST
NEWS
29 AUGUST
NEWS
28 AUGUST
NEWS