Securities and Exchange Board of India (File Photo)
\n\nThe Securities and Exchange Board of India (SEBI) is considering a more flexible compliance system for stockbrokers, with regulatory requirements linked to their size, client base and use of technology. Chairman Tuhin Kanta Pandey announced the proposal on Saturday, outlining the regulator’s broader plans to strengthen market infrastructure, improve liquidity and encourage responsible innovation.
\n\nSpeaking at the 16th ANMI International Capital Market Convention in Mumbai, Pandey said SEBI wants to ensure that regulatory obligations reflect the operational realities and risks faced by different market participants.
\n\n“For stockbrokers, we are exploring graded compliance. It would reflect your scale, your client exposure, and your reliance on technology,” Pandey said, emphasising that supervision needs to be balanced against operational risks.
\n\nThe proposed approach forms part of SEBI’s wider efforts to simplify compliance requirements while strengthening safeguards across India’s capital markets.
\n\nSEBI Considers Risk-Based Compliance For Stockbrokers
\n\nThe graded framework under consideration would take into account differences in the scale and operations of stockbroking firms. Rather than applying an identical compliance burden across the board, the proposed system would reflect factors such as client exposure and dependence on technological systems.
\n\nThe announcement signals the regulator’s intention…
Original source: https://www.timesnownews.com/business-economy
