Mumbai: Markets regulator Sebi will accelerate its drive to simplify and rationalise regulations to improve ease of doing business for capital market participants, its chairman Tuhin Kanta Pandey said on Saturday.
The regulator will collaborate to drive innovation for market development so that capital formation supports faster economic growth, he added, noting that Sebi will continue investing in tech-led supervision.
Speaking at the 38th Foundation Day event of Sebi, Pandey highlighted that despite a volatile global environment, India's market resilience reflects years of institution-building, sound regulation, and strong frameworks that have enabled sustained capital formation and market activity.
Pandey emphasized the need for a forward-looking approach, stating that Sebi is committed to reducing compliance burdens while maintaining robust oversight. The simplification drive aims to make regulations more user-friendly and efficient, ultimately benefiting investors and market intermediaries.
He also stressed the importance of technology in enhancing regulatory effectiveness, with plans to leverage artificial intelligence and data analytics for better surveillance and enforcement. Sebi will focus on creating an ecosystem that encourages innovation and entrepreneurship, aligning with the broader goal of making India a global financial hub.
