SEBI, Bangladesh SEC ink MoU on bilateral cooperation

Securities and Exchange Board of India (SEBI) and Bangladesh Securities and Exchange Commission (BSEC) have signed a MoU on bilateral cooperation and technical assistance.

The MoU was signed by SEBI chairman U K Sinha and BSEC Chairman M Khairul Hossain in the presence of Prime Minister of Bangladesh Sheikh Hasina Wazed,.

Key facts

  • The MoU seeks to promote further development of economic links and cooperation between the two neighbouring countries.
  • It also aims at enhancing investor protection and creating conditions for effective development of securities markets in both countries.
  • It will further ease the training and technical assistance programme between the two different market jurisdictions.
  • The MoU was signed by SEBI as part of its active engagement with the equities and commodities markets regulators in the SAARC region.
  • So far, the equities and commodities market regulator SEBI has signed 20 such bilateral MoUs with other countries.

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Categories: Business & Economy Current Affairs 2017

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