Sebi to issue CAS guidelines

Sebi chief Tuhin Kanta Pandey says settlement price guidelines for derivatives on expiry days likely ready within a week.

“Following review of the Closing Auction Session, a consultation paper was put out to address concerns in respect of settlement price of derivatives on expiry-day. We are currently examining the comments and hope to issue guidelines in about a week’s time”

CAS review part of broader efforts

Sebi's CAS review aims to deepen cash markets, improve price discovery and enhance market efficiency.

Pandey outlines four priorities

Sebi chairman Pandey lists proportionate regulation, deeper cash markets, easier market access and greater technological resilience as key priorities.

Simplifying digital onboarding

Sebi is simplifying digital onboarding for foreign investors without requiring physical presence.

Regulatory reforms underway

Sebi is reviewing Depositories and Participants Regulations to simplify rules and strengthen fraud prevention.

AI framework coming soon

Sebi will issue guidelines for responsible AI use with tiered accountability and human oversight.

Market growth figures

India's market capitalization reached around Rs 472 lakh crore with 15 crore unique investors and Rs 87 lakh crore mutual fund assets.

Pandey's market leadership call

Pandey urges market intermediaries to prioritize investor trust over technology and service.

“Compete on technology. Compete on service. Compete on efficiency. But above all, compete on trust”