Source: Business Standard

Securities and Exchange Board of India (Sebi) on Monday signed a bilateral MoU with Securities and Exchange Commission of Pakistan (SECP) on assistance and mutual cooperation.

The MoU was signed by Sebi Chairman M Damodaran and SECP Chairman Razi-ur-Rahman Khan on the occasion of the second annual meeting of the South Asian Securities Regulators’ Forum being hosted in New Delhi on Tuesday.

The MoU was signed to establish a general framework for cooperation and consultation and mutual assistance between the regulatory authorities, in order to facilitate the fulfiling of their regulatory responsibilities.

So far, Sebi has signed bilateral MoUs with 14 jurisdictions and a LoI for mutual cooperation with Hong Kong SFC.

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Tags: economy, India, Pakistan, SEBI, Stock Exchange