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The Securities and Exchange Board of India (SEBI), and the AMF confirmed their plans for closer co-operation between the two authorities. The agreement aims to promote mutual regulatory understanding within the framework of the Multilateral Memorandum of Understanding of the IOSCO on the exchange of information.
The agreement provides, among other things, for an annual cooperation programme to strengthen bilateral relations between SEBI and the AMF. The programme will include:
- training seminars in
- visits by SEBI and AMF delegations, public conferences in partnership with industry groups, and internships.
Another aim of promoting mutual regulatory knowledge and regular relations between the AMF and SEBI is to facilitate links between the financial industries of the two countries.