SEBI signs Memorandum of Understanding on bilateral cooperation with the Securities & Exchange Organization, Iran
Securities and Exchange Board of India (SEBI) and Securities & Exchange Organization (SEO) of Iran have entered into a bilateral Memorandum of Understanding (MoU) for mutual cooperation and technical assistance. The MoU was signed by Mr. Ajay Tyagi, Chairman, SEBI and Dr. Shapour Mohammadi, Chairman, SEO, Iran on August 10, 2017 in Mumbai.
The objective of the bilateral MoU is to strengthen cross border co-operation in the area of securities regulations. 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 in a number of jurisdictions. SEBI is also a signatory to multilateral MoU of International Organization of Securities Commissions (IOSCO).