SEBI to Develop Tech Roadmap for MIIs, Focus on AI & Trust: Chairman Pandey

• SEBI Chairman Tuhin Kanta Pandey announced a working group to create a 5-10 year technology roadmap for Market Infrastructure Institutions (MIIs).
• The initiative aims to leverage emerging technologies like AI for efficiency while addressing complexities and anticipating risks in the securities market.
• Pandey emphasized trust, regulation, transparency, and effective enforcement as crucial for market growth and investor protection.
• SEBI is enhancing supervision with AI tools like SEBI Sudarshan for fraud detection and SEBI RADAR for mutual fund ad review.
• Marking Sensex's 40 years, Pandey highlighted India's capital market evolution towards quality, sophistication, and strong governance.

Why It Matters: SEBI is charting a long-term tech vision for MIIs, integrating AI for market integrity and investor trust.