India's SEBI Signs MoU with Bank of England for Cross-Border Clearing Cooperation

Key facts

• The Securities and Exchange Board of India (SEBI) and the Bank of England (BoE) signed a memorandum of understanding (MoU) to strengthen regulatory cooperation and information exchange concerning SEBI-recognised clearing corporations, announced on October 28, 2026.
• The MoU establishes a framework for cooperation between the two regulators regarding central counterparties, in accordance with their respective laws and regulations.
• Under the MoU, the Bank of England can place reliance on SEBI's regulatory and supervisory activities while safeguarding the financial stability of the United Kingdom.
• The agreement aims to facilitate international clearing activities through cross-border regulatory cooperation and information sharing.