Tuhin Kanta Pandey: SEBI’s Shift To ‘Optimal Regulation’ Balances Ease With Strong Enforcement

In an exclusive conversation with Siddharth Zarabi, Group Editor, Business Today, Tuhin Kanta Pandey, Chairman of Securities and Exchange Board of India (SEBI), outlines a conscious shift toward “optimal regulation” — balancing ease of doing business with strict enforcement. He highlights reforms in stock broker and mutual fund regulations, removal of overlapping compliances, and tech-enabled simplification for investors and NRIs. On FPIs, Pandey says flows are cyclical but engagement remains strong, with $800+ billion in assets under custody. Faster registrations, digital processes, FPI netting, and the SWAGAT FI framework aim to enhance operational ease for both foreign and domestic market participants.