WebinarsNew
Deep DiveNew
Explore Business Standard
Markets regulator Sebi will soon issue detailed guidelines for the responsible use of Artificial Intelligence (AI) in the capital markets, its chairman Tuhin Kanta Pandey said, emphasising the need to balance technological innovation with investor protection. The Sebi chief said the proposed guidelines would focus on establishing appropriate guardrails for AI use, including disclosures, accountability of regulated entities and a 'human-in-the-loop' approach to ensure that critical decisions are subject to human oversight. In June 2025, Sebi floated a consultation paper proposing guiding principles for responsible usage of Artificial Intelligence (AI)/ Machine Learning (ML) applications/models in securities markets. These guiding principles are intended to optimise benefits and minimise potential risks associated with the integration of AI/ML based applications in securities markets to safeguard investor protection, market integrity, and financial stability. Speaking at the ...
The Securities and Exchange Board of India (SEBI) is working towards removing companies with no economic activity from the stock exchanges, as their continued presence in the listed space poses a potential risk to investors, a top official said. There are a number of listed companies with no economic activity, SEBI chairman Tuhin Kanta Pandey said. "They pose a potential danger to investors, and therefore, it is necessary to remove them from the listed space. We are making efforts towards their delisting," Pandey said here on Saturday during a programme. From the perspective of market integrity, it is important to address the presence of such companies, as their continued listing could expose an increasing number of investors to potential risks through social media groups, he said. These stocks are used in "pump and dump operations" by some manipulators, the SEBI chairman said. He said SEBI was using AI techniques to track and scrutinise such accounts, along with numerous other ..
SEBI Chairman Tuhin Kanta Pandey on Saturday said the regulator is continuously working to make the country's capital markets more accessible, efficient and resilient, with a core approach focused on facilitating capital formation, improving ease of doing business and strengthening investors' protection. Speaking on capital market expansion at the Bharat Chamber of Commerce Investors Forum here, Pandey noted that the market capitalisation has grown strongly over the past decade, with companies raising on average more than Rs 10 lakh crore annually through equity and debt issuances. "While we continue to strengthen markets for businesses, an equally important priority is investor protection. World-class markets must be not only efficient during normal times, but also resilient during periods of stress," he said. "Our approach has been to facilitate capital formation, improve ease of doing business, and strengthen investor protection," Pandey said, highlighting that these objectives .
Market regulator Sebi is examining position limits for non-agricultural contracts to improve liquidity and depth without weakening risk controls, its chairman Tuhin Kanta Pandey said on Saturday. Speaking about reforms in the commodity derivatives market, Pandey said the market design should allow contracts to gain scale. In some agricultural commodities, physical settlement from the outset can impede market development, and a phased approach could allow contracts to mature before physical settlement becomes mandatory. He said Sebi has completed consultations on the matter and guidelines will follow. The regulator is also working to reduce structural friction in commodity markets, including engaging with stakeholders on GST-related issues affecting participants who give or receive commodities through exchange platforms. Pandey said technology should serve the specific needs of commodity markets, which include producers, commercial users, farmers, processors and physical ...
Market regulator Sebi will soon issue a framework on proposed changes to the Closing Auction Session (CAS) mechanism after receiving more than 3,500 comments on its consultation paper, its Chairman Tuhin Kanta Pandey said on Saturday. The Securities and Exchange Board of India (Sebi) had sought public comments on its proposal to review certain aspects of the CAS, market timings and the settlement methodology for derivative contracts. The deadline for submitting comments is October 3. Asked when the final framework or circular on CAS can be expected, Pandey said the regulator would quickly examine the responses and move ahead with the process. "Today is the last date, and we will actually quickly look at all these comments and go ahead, because I think our proposals are quite clear," Pandey said at an event organised by CPAI (Commodity & Capital Market Participants Association of India). The regulator would not require much time to compile and analyse the responses as the proposals