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August 12 2017
Securities & Exchange Organization (SEO) and Securities and Exchange Board of India (SEBI) have entered into a bilateral Memorandum of understanding (MoU) for mutual cooperation and technical assistance. The MoU was signed by Dr. Shapour Mohammadi, Chairman, (SEO) and Mr. Ajay Tyagi, Chairman, SEBI on August 10, 2017 in Mumbai. The objective of the bilateral MoU is to strengthen cross border co-operation in the area of securities regulations. This will facilitate mutual assistance, contribute towards efficient performance of the supervisory functions, and enable effective enforcement of laws and regulations governing the securities markets. SEBI has signed bilateral MoUs with securities regulators in a number of jurisdictions. SEBI is also a signatory to multilateral MoU of International Organization of Securities Commissions (IOSCO).