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Cabinet approves Signing of Memorandum of Understanding between Securities and Exchange Board of India and European Securities and Markets Authority

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....abinet approves Signing of Memorandum of Understanding between Securities and Exchange Board of India and European Securities and Markets Authority <br>News and Press Release<br>Dated:- 7-6-2017<br><B....

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....R>The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval to the Securities and Exchange Board of India (SEBI) for entering into a Memorandum of Understanding (MoU) w....

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....ith European Securities and Markets Authority (ESMA) in relation to Mutual Co-operation. The MoU is likely to establish cooperation arrangements as a precondition for ESMA to recognize Central Counte....

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....r Parties (CCPs) established in India and supervised by the Securities and Exchange Board of India to provide clearing services to clearing members or trading venues established in the European Union ....

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....and to provide ESMA with adequate tools to monitor the on-going compliance by the Covered CCPs with the Recognition Conditions.<BR> News - Press release - PIB....