Sebi to expedite rule simplification, boost tech-led oversight: Chairman Tuhin Kanta Pandey on 38th anniversary

Market regulator Securities and Exchange Board of India (Sebi) will work to accelerate its drive to simplify and rationalise regulations for ease of doing business by all participants in our capital market, Chairman Tuhin Kanta Pandey said on the occasion of its 38th foundation day.

“Today is an important day to ask- what is our way forward? Our collective resolve is unambiguous. We will collaborate to bring innovations for market development such that capital formation contributes to faster economic growth. We will continue to invest in technology-led supervision,” Pandey said.

The event was also attended by Finance Minister Nirmala Sitharaman.

Pandey said that Sebi will work towards strengthening governance and risk management frameworks and capabilities while emphasising the role of other market stakeholders.

“At this point, it is also important to recognise that markets are not built by regulators alone. Industry participants must move beyond compliance to a deeper commitment to fairness, integrity and innovation. Intermediaries must recognise that they are often the first point of trust for

investors. Investors themselves must remain aware and responsible in their participation,” the Sebi chief said.Pandey said Indian markets have demonstrated strong resilience despite global uncertainties such as geopolitical tensions and rapid technological shifts, reflecting years of institution-building and robust regulation. Marking 38 years of Securities and Exchange Board of India, he highlighted Sebi’s evolution from an open outcry system to a technology-driven, transparent and globally integrated market through reforms like dematerialisation, screen-based trading and improved risk management.He noted that India’s markets today are defined not just by scale — with over 5,900 listed companies, 140 million investors, and steady growth in market cap and mutual funds — but also by rising retail participation and digital adoption. Pandey emphasised that this growth brings added responsibility to balance innovation with investor protection and sustainable development.Also read: Sebi plans risk-based calculation for brokers’ variable net worthHe added that recent reforms have focused on easing business, strengthening investor safeguards, and improving efficiency, while Sebi is also enhancing internal capabilities through technology, data analytics, and governance improvements to meet the evolving demands of modern financial markets.

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