Cabinet approves of the proposal of SEBI to sign Bilateral MoU between India and Luxembourg

The Cabinet has approved SEBI’s proposal to sign a bilateral MoU between SEBI and Financial and Commission de Surveillance du Secteur Financier (CSSF), Luxembourg. The MoU is likely to strengthen cross border cooperation in area of securities regulations and facilitate mutual assistance, contribute towards efficient performance of the supervisory functions aid in imparting technical domain knowledge and enable effective enforcement of the laws and regulations governing securities market.The Cabinet has approved SEBI’s proposal to sign a bilateral MoU between SEBI and Financial and Commission de Surveillance du Secteur Financier (CSSF), Luxembourg. The MoU is likely to strengthen cross border cooperation in area of securities regulations and facilitate mutual assistance, contribute towards efficient performance of the supervisory functions aid in imparting technical domain knowledge and enable effective enforcement of the laws and regulations governing securities market.taxmann.com NewsRead More

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