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SEBI signs MoU with CSSF, Luxembourg- (Securities and Exchange Board of India) (03 Jun 2021)

MANU/SPRL/0020/2021

Capital Market

The Securities and Exchange Board of India (SEBI) and the Luxembourg Commission de Surveillance du Secteur Financier (CSSF) have entered into a bilateral Memorandum of Understanding (MoU) for mutual co-operation and technical assistance. The MoU was signed by Mr. Ajay Tyagi, Chairman, SEBI and Mr. Claude Marx, Director General, CSSF. The MoU took effect on June 02, 2021.

The objective of this MoU is to strengthen cross border co-operation in the area of securities regulation. 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 of various jurisdictions. SEBI is also a signatory to the Multilateral MoU (MMoU) of the International Organization of Securities Commissions (IOSCO).

Tags : MOU   SIGNING OF   CSSF  

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