The Securities and Exchange Board of India (SEBI) and the Luxembourg Commission de
Surveillance du Secteur Financier (CSSF) have entered into a bilateral Memorandum of
Understanding (MoU) for mutual co-operation and technical assistance. The MoU was
signed by Mr. Ajay Tyagi, Chairman, SEBI and Mr. Claude Marx, Director General, CSSF.
The MoU took effect on June 02, 2021.
The objective of this MoU is to strengthen cross border co-operation in the area of securities
regulation. This will facilitate mutual assistance, contribute towards efficient performance
of the supervisory functions, and enable effective enforcement of laws and regulations
governing the securities markets.
SEBI has signed bilateral MoUs with securities regulators of various jurisdictions. SEBI is
also a signatory to the Multilateral MoU (MMoU) of the International Organization of
Securities Commissions (IOSCO).
