Question: Recently Securities and Exchange Board of India (SEBI) signed a memorandum of understanding (MoU) with which country’s Securities and Exchange Commission (BSEC) on co-operation and technical assistance?
(a) Bangladesh
(b) Sri Lanka
(c) Vietnam
(d) Myanmar
Ans (a)
Related facts:
- On 22 November 2015 the Securities and Exchange Board of India (SEBI) signed a memorandum of understanding (MoU) with the Bangladesh Securities and Exchange Commission (BSEC).
- Under the agreement the two countries will be provided training and technical assistance.
- The MoU is aimed at promoting economic links, enhancing investor protection, and development of capital markets.
- The Indian regulator has already signed 20 bilateral MoUs with other countries.
- India and Bangladesh securities market regulators are member of International Organisation of Securities Commissions (IOSCO).
- The pact was signed by SEBI’s chairman U K Sinha and chairman of Bangladesh Securities and Exchange Commission M Khairul Hossain.
Reference:
http://www.sebi.gov.in/sebiweb/home/list/4/23/0/0/Press-Releases