The Securities and Exchange Board of India (SEBI) and the Astana Financial Services Authority (AFSA) have entered into a bilateral Memorandum of Understanding (MoU) for mutual co-operation and technical assistance. The MoU was signed by Mr. Ajay Tyagi, Chairman, SEBI and Mr. Mukhtar Bubeyev, the Acting Chief Executive Officer, AFSA.
The objective of the bilateral MoU is to strengthen cross border co-operation in the area of securities regulation. This will facilitate mutual assistance, contribute towards the 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 of a number of jurisdictions. SEBI is also a signatory to the Multilateral MoU of International Organization of Securities Commissions (IOSCO).
Securities Exchange Board of India
PR No.: 30/2019
[Press Release dt. 23-12-2019]