Corp Affairs Min, Sebi to start automatic data exchange
Bolstering efforts to curb white collar frauds, the corporate affairs ministry and markets watchdog Sebi will start automatic sharing of data between them. The move also comes against the backdrop of concerns over corporate governance practices amid instances of misdoings and financial irregularities. The ministry and Sebi Friday entered into a formal memorandum of understanding (MoU) for data exchange. The pact will facilitate the sharing of data and information between Sebi and the ministry on an automatic and regular basis. Читать дальше...