Business

Sebi Chief Pandey Emphasizes Enhanced Transparency in Market Regulation

Sebi's New Focus on Transparency

Markets regulator Sebi, under the leadership of its new chief Tuhin Kanta Pandey, is set to prioritize enhanced transparency in its operations. Pandey, in his first public address since taking over on March 1, highlighted the importance of trust and transparency in fostering a healthy capital market.

Sebi to focus on enhanced transparency: Chief Pandey

"A transparent and accountable regulatory framework is crucial for building confidence and clarity in the market," Pandey stated, emphasizing the need for high standards of governance, disclosures, and ethical practices among regulatory bodies, market participants, and corporates.

Commitment to Ease of Doing Business

Pandey also touched upon Sebi's commitment to the ease of doing business, advocating for optimum rather than maximum regulation. He expressed openness to reviewing outdated statutes and engaging with stakeholders to encourage voluntary compliance.

Investor Awareness and Education

Another key focus area for Sebi under Pandey's leadership will be investor awareness and education. Recognizing the complexities of the market, Pandey stressed the importance of informed investors for their own protection and the overall health of the financial ecosystem.