With a new leadership at the helm, the Securities and Exchange Board of India (Sebi) is shifting from a stance in favour of more deregulatory approach alongside strengthened governance, as evident from the key decisions during its latest board meeting.
New Sebi chief Tuhin Kanta Pandey has underscored account for the “costs” of regulatory changes, signalling a departure from the regulator’s earlier fast-paced approach.
“If an alternative approach can ease business without compromising on risk, we will explore it. Regulatory changes must be nuanced and clear,” the career bureaucrat-turned-regulator said on Monday while emphasising a mindful approach to avoid unnecessary