Australia’s ASIC inks MOU with India to enhance cooperation arrangements

They aim to facilitate mutual assistance and information sharing, amongst others.

The Australian Securities and Investment Commission (ASIC) has signed a memorandum of understanding (MOU) with the International Financial Services Centres Authority (IFSCA) of India to enhance cooperation arrangements.

Through the MOU, ASIC and IFSCA aims to foster cooperation and facilitate mutual assistance and information sharing between them on areas such as trends and best practice and the use of technology in financial markets, regulatory compliance, and the supervision and enforcement requirements of market participants.

“In a time of rapid globalisation and digital transformation, regulatory cooperation both domestically and internationally is no longer an option – it is essential,” said Joel Longo, ASIC Chair, in a statement published online on 9 September 2025.

Longo signed the MOU alongside IFSCA Chair Shri K Rajarmaman. The High Commissioner of India to Australia, Gopal Baglay, was also in attendance alongside senior representatives and government officials of India and China.