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PR No. 14/2022
PR No. 14/2022
PR No. 14/2022
14/2022
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).
Mumbai
April 20, 2022