AMFI and AMII sign MoU in investment management industry to promote and foster bilateral relations

economictimes.indiatimes.com:

Mutual Funds in India (AMFI) and the Asosiasi Manajer Investasi Indonesia (AMII), the Indonesian Investment Managers Association have formalised an important step towards enhancing bilateral financial and economic best practises through cooperation by signing a Memorandum of Understanding (MoU) on January 25, 2025, in New Delhi.

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There a delegation of 12 top CEOs from Indonesia’s mutual fund industry accompanied the Indonesian President on his state visit to India. This partnership is set to strengthen the mutual fund sectors in both countries, enrich industry standards, and promote investor education and financial literacy, paving the way for a more dynamic, transparent, and globally integrated mutual fund ecosystem.

The MoU will create a platform for India and Indonesia to exchange best practices, insights, and strategies aimed at boosting the mutual fund industries. The partnership will cover understanding and the need for a broad spectrum of areas, including requirements for regulatory reforms, governance standards, essential investor protection steps, data analytics, research, product innovation, and risk management ensuring that both countries benefit from each other's expertise and experiences.

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