SEBI signs MoU with the Manitoba Securities Commission, Canada

The Securities and Exchange Board of India (SEBI) and the Manitoba Securities Commission (MSC) have entered into a bilateral Memorandum of Understanding (MoU) for mutual co-operation, exchange of information and technical assistance.

MSC is SEBI’s counterpart in the province of Manitoba, Canada. The MoU has been signed by Ms. Madhabi Puri Buch, Chairperson, SEBI and Mr. David Cheop, Chief Executive Officer and Chairperson, MSC. The MoU took effect on April 20, 2022. The MoU will strengthen cross border co- operation in the area of securities regulation. This will 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 the securities markets.

Signing of this MoU will also make investors based in the province of Manitoba eligible to obtain registration as Foreign Portfolio Investors (FPIs) with SEBI. SEBI has signed bilateral MoUs with securities regulators of various jurisdictions. SEBI is also a signatory to the Multilateral MoU (MMoU) and Enhanced MMoU (EMMoU) of the International Organization of Securities Commissions (IOSCO)

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