Union Cabinet approves bilateral MoU between SEBI and Iran's SEO

Shital Jibhe / 07 Jun 2017

Union Cabinet approves bilateral MoU between SEBI and Iran's SEO

The MoU is expected to contribute towards strengthening the information sharing framework between SEBI and SEO It would also contribute towards strengthening the information sharing framework between the two countries.

Under the chairmanship of Prime Minister Narendra Modi, the Union Cabinet meet has approved the Bilateral Memorandum of Understanding (MoU) between Securities and Exchange Board of India (SEBI) and Securities and Exchange Organization (SEO), Iran in relation to mutual cooperation on matters pertaining to securities markets.
 
Further development of economic links and cooperation between the two regulators and creation of favorable conditions for an effective development of securities markets in the two countries is likely to be promoted through this MoU. 
 
The MoU is expected to contribute towards strengthening the information sharing framework between SEBI and SEO It would also contribute towards strengthening the information sharing framework between the two countries. It is expected to add value to overseas mutual cooperation and regulation activities of SEBI and SEO.

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