SEBI’s Lighter-Touch Approach Under Tuhin Kanta Pandey
Why in the news
SEBI’s new leadership is weighing the costs of rules and moving away from rapid tightening.
Board decisions
| Area | Decision |
|---|---|
| Investment bankers, custodians | Stricter norms postponed |
| Advance fees | From 3-6 months to one year |
| Category II AIFs | Wider debt scope |
| Merchant bankers | Subsidiary-transfer rule scrapped |
- Earlier, skin in the game rules for mutual fund staff were eased.
- Themes: cost awareness, flexible risk mitigation, deferring complex proposals, governance over micromanagement.
Exam angle
- SEBI Chairperson: Tuhin Kanta Pandey.