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Mumbai, Maharashtra, India
Securities and Exchange Board of India (SEBI) has signed Memoranda of Understanding for regulatory cooperation, mutual assistance and sharing of information with securities markets regulatory authorities of two jurisdictions - The Securities and Exchange Commission of Thailand and the Securities and Exchange Commission of Nigeria.
The Memorandum of Understanding with SEC, Thailand was signed by Mr. M. Damodaran, Chairman, SEBI and Mr. Thirachai Phuvanatnaranubala, Secretary General, SEC, Thailand.
The Memorandum of Understanding with SEC, Nigeria was signed by Mr. M. Damodaran, Chairman, SEBI and Mr. Musa Al-Faki, Director General, SEC, Nigeria.
The MoUs were signed on the occasion of the 32nd IOSCO Annual Conference being hosted by SEBI at Grand Hyatt, Mumbai, where regulatory authorities from across the world are meeting to deliberate on securities market regulations and to participate in various IOSCO Committee meetings.
The MoUs have been signed to establish a general framework for co-operation and consultation between the regulatory authorities, in order to facilitate the fulfilling of their regulatory responsibilities.
With the increasing internationalization and interdependence of securities markets and the need for closer co-operation between regulatory authorities, the MoUs will facilitate mutual assistance, the strengthening of cross-border co-operation and contribute towards efficient performance of the supervisory functions, and effective enforcement of the Laws and Regulations governing the markets.
To view the photographs, please click on the links given below:
(Right to Left )Mr. M. Damodaran, Chairman,Securities and Exchange Board of India with Mr. Thirachai Phuvanatnaranubala, Secretary General, Securities Exchange Commission, Thailand after signing a Memorandum of Understanding in Mumbai today
(Right to Left) Mr M Damodaran, Chairman, Securities and Exchange Board of India with Mr Musa Al-Faki, Director General, Securities Exchange Commission, Nigeria after signing a Memorandum of Understanding in Mumbai today
Communication Division, Securities and Exchange Board of India (SEBI), +91 (022) 2644 9889
Source: Securities and Exchange Board of India (SEBI) (Business Wire India)
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