Equities and commodities market regulator Securities and Exchange Board of India(SEBI) and the Bangladesh Securities and Exchange Commission (BSEC) signed a memorandum of understanding on bilateral cooperation and technical assistance.
- The MoU seeks to promote further development of economic links andcooperation between the two and aims at enhancing investor protection and creating conditions for effective development of securities markets in both countries.
- The pact was signed by SEBI chairman U K Sinha and BSEC chairman M Khairul Hossain.
SEBI has been actively engaging with the regulators in the SAARC region. The regulator has already signed 20 bilateral MoUs with other countries.
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