Cabinet approves pact between SEBI and FSRA of Abu Dhabi

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for signing of a Memorandum of Understanding (MoU) between SEBI and Financial Services Regulatory Authority, Abu Dhabi for Mutual Co-operation and Technical Assistance.

The agreement will promote further development of economic links and cooperation between the two signatories and will help create conditions for development of securities markets in the two countries. It would also contribute towards strengthening the information sharing framework between the two regulators.

So let’s discuss some questions related to this post :
1. Cabinet has approved the pact between which two entity for Mutual Co-operation and Technical Assistance ?
2. Expand the term FSRA and it is the regulatory authority of  which country ?

Courtesy : Economic Times


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