Sebi chief outlines reforms in IPOs, F&O, and cybersecurity, stressing trust, technology, and calibrated regulation over new powers
At the Business Standard BFSI Insight Summit 2025, Sebi chief Tuhin Kanta Pandey said India's financial markets are growing stronger with transparency, reforms, and wider investor participation
From October 29 to October 31, the summit will feature keynotes, fireside chats, and panels on policy, digital banking, insurance, and AI in finance
Tuhin Kanta Pandey took charge as the chairman of Sebi in March 2025 and has since then driven reforms to improve ease of doing business and reducing the compliance burden on market intermediaries
The regulator had said in August it was also considering extending equity derivatives contract tenures and limiting who can trade
Markets regulator Sebi chairman Tuhin Kanta Pandey on Wednesday called on public interest directors (PIDs) to ensure that the "public interest" perspective remains central to all key decisions taken by the governing boards of market infrastructure institutions (MIIs). Speaking at the Public Interest Directors Conclave 2025, Pandey emphasised that MIIs must ensure all interventions made by PIDs during board meetings are appropriately recorded. Describing PIDs as "custodians of trust" within the MII ecosystem, he said, "Your role is fiduciary, moral, and institutional. You are not there merely to tick a compliance checkbox". The Sebi chief urged PIDs to exercise their independence while assessing the adequacy of financial and human resources for functions falling under verticals 1 and 2. He advised them to hold separate meetings without management or key managerial personnel (KMPs) to discuss critical governance and operational issues. Under Sebi's framework, vertical 1 covers critic
Regulator to float consultation papers on MIIs guidelines, easier KYC for NRIs
Chairman Tuhin Kanta Pandey says quantum advances could break today's encryption; Sebi aims password protection, stronger AI oversight, and fraud prevention
Diverse pool of participants will help improve liquidity in infra securities, says Tuhin Kanta Pandey
The regulator also approved an easier onboarding of FPIs
The regulator may allow MFs to expand business, ease IPO dilution norms, simplify FPI rules and tighten governance of MIIs at its September 12 board meeting
SEBI chief urges banks to tighten controls, safeguard UPSI, and enforce strict insider trading compliance with zero tolerance on breaches
Sebi Chairman Tuhin Kanta Pandey urges mutual funds to exercise caution when investing in micro-cap stocks and bespoke deals, highlighting risks beyond investment
To encourage greater participation of women in mutual funds, markets regulator Sebi is planning to introduce additional incentives for investments by first-time female investors, its chief Tuhin Kanta Pandey said on Friday. "Financial inclusion will remain incomplete unless women are equally represented," Pandey said at an event organised by the Association of Mutual Funds in India (Amfi). "...We are thus also envisaging to introduce an additional distribution incentive for investments from first-time women investors," he added. He said that Sebi is taking a series of measures to facilitate and encourage the industry, and one such recent proposal is to incentivise distributors for investments from first-time individual investors in B30 cities (tier 2 and tier 3 cities). The move will not only bring new participants into the fold but also extend the reach of mutual funds into underrepresented regions, contributing to deeper financial inclusion. Also, to provide greater flexibility
Sebi chairman Tuhin Kanta Pandey said the regulator will consult stakeholders on extending the tenor of derivatives and hinted at a pilot project for regulated pre-IPO trading
Despite India's robust regulatory framework -strengthened by the 2013 Companies Act and Sebi's listing regulations - the chairman identified a troubling gap between structure and spirit
Tuhin Kanta Pandey calls for constant vigilance, cyber drills, and strong internal safeguards to protect exchanges and investors from escalating online threats
This era of the sinecure may be changing, however, with Sebi and the courts increasingly holding independent directors liable for corporate malfeasance
The developments at IndusInd Bank have led RBI's senior supervisory managers (SSMs) to take a closer look at bank boards, including the agenda presented, the time spent discussing specific items
Sebi Chairman urges independent directors to evolve from passive critics to active stewards, highlighting AI, ESG, and whistle-blower oversight as urgent board priorities