Markets regulator Securities and Exchange Board of India (SEBI) entered into a pact with its counterpart Securities & Exchange Organization (SEO) from Iran to promote technical assistance and facilitate cross-border co-operation in the area of securities regulations. It will facilitate mutual assistance, contribute towards efficient performance of the supervisory functions, and enable effective enforcement of laws and regulations governing the securities markets. The MoU was signed by SEBI chief Ajay Tyagi and SEO Iran chairman Shapour Mohammadi. SEBI has signed nearly two dozen bilateral MoUs with the regulators of various jurisdictions. The markets regulator is also a signatory to the multilateral MoU of International Organization of Securities Commissions (IOSCO).

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