What is MMoU?

What is MMoU?

The IAIS Multilateral Memorandum of Understanding (MMoU) is a global framework for cooperation and information exchange between insurance supervisors. It is a statement of its signatories’ intent to cooperate in the field of information exchange, as well as procedures for handling information requests.

What are the Iosco principles?

The three core objectives of securities regulation are: The protection of investors; • Ensuring that markets are fair, efficient and transparent; • The reduction of systemic risk. The three objectives are closely related and, in some respects, overlap.

What is a multilateral mou?

What is it? The MMoU represents a common understanding among its signatories of how they should consult, cooperate, and exchange information for the purpose of regulatory enforcement regarding securities markets.

Is Sebi part of Iosco?

SEBI is a member of the IOSCO Board, the governing and standard-setting body of the IOSCO, which is comprised of 34 securities regulators.

What is the full form of MoU?

A Memorandum of Understanding (MoU) is an agreement between two or more parties outlining the rights and obligations of the parties to the agreement. It is generally made when parties are into initial discussions.

What is the purpose of IOSCO?

IOSCO develops, implements and promotes adherence to internationally recognized standards for securities regulation. It works intensively with the G20 and the Financial Stability Board (FSB) on the global regulatory reform agenda.

What is IOSCO and what are its three core objectives is IOSCO a regulator is IOSCO a standard setting body?

IOSCO has set three objectives for securities regulation which are: The protection of investors; ▪ Ensuring that markets are fair, efficient and transparent; and ▪ Reduction of systemic risk.

Is Singapore Iosco compliant?

The members of the IOSCO Board are currently the securities regulatory authorities of Argentina, Australia, Bahamas, Belgium, Brazil, China, Egypt, France, Germany, Hong Kong, India, Ireland, Italy, Japan, Kenya, Korea, Malaysia, Mexico, Morocco, Nigeria, Ontario, Pakistan, Portugal, Quebec, Russia, Saudi Arabia.

Is India a member of Iosco?

The IOSCO Board is made up of 32 securities regulators. SEBI, India is one of the members of the IOSCO Board. for the complete list of IOSCO members. The APRC is one of the four regional committees constituted by IOSCO to focus on regional issues relating to securities regulation.

Is India a member of IOSCO?