SEBI Looking At Multiple Measures To Reduce Costs Of Regulation: Tuhin Kanta Pandey

In a recent statement, Tuhin Kanta Pandey, Secretary of the Department of Economic Affairs, highlighted the Securities and Exchange Board of India's (SEBI) ongoing efforts to implement measures aimed at reducing regulatory costs for market participants. Pandey emphasized SEBI's commitment to fostering innovation in the financial sector while ensuring strict adherence to market integrity and the protection of investors. He acknowledged that while promoting innovation is crucial, it must not come at the expense of risk management. This balanced approach is essential as the financial landscape evolves, necessitating a framework that supports growth while safeguarding stakeholders. The ongoing dialogue around regulatory efficiency reflects a broader trend in India's financial regulatory environment, where authorities are increasingly focused on creating a conducive atmosphere for business while maintaining robust oversight mechanisms. SEBI's initiatives are expected to encourage more participation in the markets, boost investor confidence, and ultimately contribute to the overall growth of the Indian economy.