SEBI Chief Answers Query That Quick Pace Of Regulations Has Complicated Compliance

During the FICCI’s 21st Annual Capital Markets Conference, SEBI Chairperson Madhabi Puri Buch addressed concerns about the increasing complexity of compliance due to the rapid pace of regulations. Buch reassured attendees that while the volume of SEBI circulars might seem high, the actual increase has been modest. She explained that the rise in circulars is largely due to SEBI's increased consultation efforts and public engagement. This enhanced interaction is aimed at keeping up with the evolving complexities of the market. Buch emphasized that many of these circulars are designed to ease business operations and accommodate new market products. Buch noted that the market is dynamic, with continuous innovations and developments. SEBI strives to keep its regulations in sync with these changes, ensuring that it doesn’t fall behind the market’s pace.