Sebi to review if regulations can work with lesser compliance, lower cost, says Chairman Tuhin Kanta Pandey
Regulation need not be only a tick-box approach, said Securities and Exchange Board of India (Sebi) chairman Tuhin Kanta Pandey. In an interview to Nishanth Vasudevan, Deepshikha Sikarwar and Vinay Pandey, he said rationalisation of regulations will be a key focus for the capital market regulator. Edited excerpts:
There is a concern in the industry about a growing trust deficit and a subsequent increase in compliances. Do you agree with this view, and is there a case for relooking at compliances?
There is a concern in the industry about a growing trust deficit and a subsequent increase in compliances. Do you agree with this view, and is there a case for relooking at compliances?
We need to look at optimal regulation which looks at compliance as an important consideration. There could be multiple ways of doing things. They (regulations) may have served the purpose at a time and may not be actually relevant because some of…
