ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Business

Cabinet approves MoU between SEBI and Manitoba Securities Commission, Canada

New Delhi [India], April 13 (ANI): The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the signing of a bilateral Memorandum of Understanding (MoU) between the Securities and Exchange Board of India (SEBI) and Manitoba Securities Commission, Canada.

ANI Apr 13, 2022 15:51 IST googleads

Representative Image

New Delhi [India], April 13 (ANI): The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the signing of a bilateral Memorandum of Understanding (MoU) between the Securities and Exchange Board of India (SEBI) and Manitoba Securities Commission, Canada.
The agreement seeks a formal basis for cross-border cooperation in the area of securities regulations, would facilitate mutual assistance, contribute towards efficient performance of supervisory functions, aid in imparting technical domain knowledge and enable effective enforcement of the laws and regulations governing securities markets, according to an official statement released after the cabinet meeting.
The MoU would also make investors from Manitoba eligible for registration as an FPI with SEBI.
Around 20 Manitoba-based Foreign Portfolio Investors (FPIs) with total Assets Under Custody of Rs 2,665 crore are expected to benefit from this deal. (ANI)

Get the App

What to Read Next

Business

Piyush Goyal meets global industry leaders to deepen trade ties

Piyush Goyal meets global industry leaders to deepen trade ties

The meetings were inclined towards bolstering India's manufacturing capabilities and deepening its integration into global supply chains. The discussions focused on expanding investment partnerships and enhancing India's role as a critical hub in the Indo-Pacific region.

Read More
Business

India market "relatively resilient" compared to its Asian peers

India market

The deepening conflict in West Asia has placed the Indian economy and the broader Asian region in the "eye of the storm," as supply chain disruptions and surging energy costs threaten to trigger a significant negative growth shock.

Read More
Business

Adani Foundation to connect 10 lakh women nationwide

Adani Foundation to connect 10 lakh women nationwide

The Adani Foundation, today, declared that in the next one year, it will connect one lakh women in Maharashtra with the Swabhimaan initiative. For the future, Adani Foundation has announced to connect 10 lakh women in India with the same initiative and make them strong.

Read More
Business

Govt Urges Citizens to Avoid Panic Booking

Govt Urges Citizens to Avoid Panic Booking

Amid global energy disruptions following the closure of the Strait of Hormuz, the government has assured that the domestic supply of LPG, petrol, diesel, kerosene, and natural gas remains stable, while citizens are urged to avoid panic booking and conserve fuel, said Sujata Sharma, Joint Secretary of the Ministry of Petroleum and Natural Gas, today.

Read More
Business

India Emerging as Stable Investment Anchor in Turbulent Global

India Emerging as Stable Investment Anchor in Turbulent Global

Mumbai (Maharashtra) [India], March 12: As military conflict in West Asia disrupts energy supplies through the Strait of Hormuz and global liquidity tightens, leading investors, policymakers and capital markets leaders gathered at IGF Mumbai 2026: Catalysing Capital to assess India's position in an increasingly fragmented global economy.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.