𝐒𝐄𝐁𝐈 𝐂𝐡𝐢𝐞𝐟’𝐬 𝐒𝐞𝐜𝐨𝐧𝐝 𝐘𝐞𝐚𝐫: 𝐄𝐦𝐩𝐡𝐚𝐬𝐢𝐬 𝐨𝐧 𝐓𝐞𝐜𝐡 𝐚𝐧𝐝 𝐃𝐚𝐭𝐚-𝐃𝐫𝐢𝐯𝐞𝐧 𝐑𝐞𝐠𝐮𝐥𝐚𝐭𝐢𝐨𝐧 𝐟𝐨𝐫 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐄𝐚𝐬𝐞

March 02, 2024 will mark beginning of third year of the term of Ms. Madhabi Puri Buch as the Chairperson of SEBI. The former SEBI Whole-Time Member assumed charge as the SEBI chairperson on March 02, 2022.
 
The Hindu Businessline has featured a story on her tenure so far and expectations ahead. Some of the commendable initiatives of the Chairperson during the second term includes move towards same-day settlement, introduction of micro, small and medium REITs, mandatory listing of non-convertible debentures by listed issuers, dematerialisation of AIF units and rules for social stock exchange, lesser processing time for applications, tech integration, ease of doing business, etc
 
In this background Mr. Sumit Agrawal, Managing Partner of Regstreet Law Advisors and former SEBI Officer, offered his insights to businessline follows:
 
“𝘐𝘯 𝘩𝘦𝘳 𝘴𝘦𝘤𝘰𝘯𝘥 𝘺𝘦𝘢𝘳, 𝘵𝘩𝘦 𝘧𝘰𝘤𝘶𝘴 𝘩𝘢𝘴 𝘣𝘦𝘦𝘯 𝘰𝘯 𝘵𝘳𝘰𝘶𝘣𝘭𝘦𝘴𝘩𝘰𝘰𝘵𝘪𝘯𝘨, 𝘤𝘳𝘪𝘴𝘪𝘴 𝘮𝘢𝘯𝘢𝘨𝘦𝘮𝘦𝘯𝘵, 𝘢𝘯𝘥 𝘢𝘥𝘥𝘳𝘦𝘴𝘴𝘪𝘯𝘨 𝘭𝘦𝘨𝘢𝘤𝘺 𝘪𝘴𝘴𝘶𝘦𝘴, 𝘸𝘪𝘵𝘩 𝘯𝘰𝘵𝘢𝘣𝘭𝘦 𝘪𝘮𝘱𝘳𝘰𝘷𝘦𝘮𝘦𝘯𝘵𝘴 𝘪𝘯 𝘵𝘩𝘦 𝘴𝘱𝘦𝘦𝘥 𝘰𝘧 𝘱𝘳𝘰𝘥𝘶𝘤𝘵 𝘢𝘯𝘥 𝘪𝘯𝘵𝘦𝘳𝘮𝘦𝘥𝘪𝘢𝘳𝘺 𝘢𝘱𝘱𝘳𝘰𝘷𝘢𝘭𝘴. 𝘚𝘸𝘪𝘧𝘵 𝘤𝘩𝘢𝘯𝘨𝘦𝘴 𝘪𝘯 𝘭𝘪𝘴𝘵𝘪𝘯𝘨 𝘢𝘯𝘥 𝘤𝘢𝘱𝘪𝘵𝘢𝘭 𝘪𝘴𝘴𝘶𝘢𝘯𝘤𝘦 𝘯𝘰𝘳𝘮𝘴, 𝘢𝘯𝘥 𝘵𝘩𝘦 𝘥𝘪𝘴𝘤𝘭𝘰𝘴𝘶𝘳𝘦 𝘰𝘧 𝘱𝘳𝘰𝘮𝘰𝘵𝘦𝘳𝘴’ 𝘧𝘢𝘮𝘪𝘭𝘺 𝘢𝘳𝘳𝘢𝘯𝘨𝘦𝘮𝘦𝘯𝘵𝘴 𝘩𝘢𝘴 𝘣𝘦𝘦𝘯 𝘢 𝘱𝘰𝘴𝘪𝘵𝘪𝘷𝘦 𝘴𝘵𝘦𝘱 𝘵𝘰𝘸𝘢𝘳𝘥𝘴 𝘪𝘯𝘷𝘦𝘴𝘵𝘰𝘳 𝘱𝘳𝘰𝘵𝘦𝘤𝘵𝘪𝘰𝘯”
 
Mr. Sumit Agrawal further says that “𝘛𝘩𝘦 𝘧𝘢𝘴𝘵-𝘱𝘢𝘤𝘦𝘥 𝘴𝘦𝘤𝘶𝘳𝘪𝘵𝘪𝘦𝘴 𝘮𝘢𝘳𝘬𝘦𝘵 𝘥𝘦𝘮𝘢𝘯𝘥𝘴 𝘢 𝘥𝘦𝘭𝘪𝘤𝘢𝘵𝘦 𝘣𝘢𝘭𝘢𝘯𝘤𝘦 𝘣𝘦𝘵𝘸𝘦𝘦𝘯 𝘴𝘸𝘪𝘧𝘵 𝘥𝘦𝘤𝘪𝘴𝘪𝘰𝘯-𝘮𝘢𝘬𝘪𝘯𝘨 𝘢𝘯𝘥 𝘤𝘢𝘳𝘦𝘧𝘶𝘭 𝘤𝘰𝘯𝘴𝘪𝘥𝘦𝘳𝘢𝘵𝘪𝘰𝘯. 𝘈𝘴 𝘵𝘩𝘦 𝘳𝘦𝘨𝘶𝘭𝘢𝘵𝘰𝘳𝘺 𝘭𝘢𝘯𝘥𝘴𝘤𝘢𝘱𝘦 𝘦𝘷𝘰𝘭𝘷𝘦𝘴, 𝘪𝘯 𝘩𝘦𝘳 𝘵𝘩𝘪𝘳𝘥 𝘺𝘦𝘢𝘳, 𝘵𝘩𝘦𝘳𝘦 𝘪𝘴 𝘢 𝘱𝘳𝘦𝘴𝘴𝘪𝘯𝘨 𝘯𝘦𝘦𝘥 𝘵𝘰 𝘴𝘵𝘳𝘪𝘬𝘦 𝘢 𝘣𝘢𝘭𝘢𝘯𝘤𝘦 𝘣𝘺 𝘮𝘪𝘯𝘪𝘮𝘪𝘴𝘪𝘯𝘨 𝘦𝘹𝘤𝘦𝘴𝘴𝘪𝘷𝘦 𝘱𝘰𝘭𝘪𝘤𝘺 𝘤𝘩𝘢𝘯𝘨𝘦𝘴 𝘢𝘯𝘥 𝘱𝘳𝘪𝘰𝘳𝘪𝘵𝘪𝘴𝘪𝘯𝘨 𝘵𝘩𝘦 𝘴𝘵𝘳𝘪𝘯𝘨𝘦𝘯𝘵 𝘦𝘯𝘧𝘰𝘳𝘤𝘦𝘮𝘦𝘯𝘵 𝘰𝘧 𝘦𝘹𝘪𝘴𝘵𝘪𝘯𝘨 𝘳𝘦𝘨𝘶𝘭𝘢𝘵𝘪𝘰𝘯𝘴 𝘵𝘰 𝘦𝘯𝘴𝘶𝘳𝘦 𝘴𝘵𝘢𝘣𝘪𝘭𝘪𝘵𝘺 𝘢𝘯𝘥 𝘱𝘳𝘰𝘴𝘱𝘦𝘳𝘪𝘵𝘺 𝘪𝘯 𝘵𝘩𝘦 𝘴𝘦𝘤𝘶𝘳𝘪𝘵𝘪𝘦𝘴 𝘮𝘢𝘳𝘬𝘦𝘵”
 
The article also features the expert views of Paritosh Dhawan, Founder, Dhawan & Co. | Chartered Accountants; Kshitij Asthana of Singhania & Co. (S&Co.), Natasha Treasurywala, Partner at Desai & Diwanji and Jayant Thakur.
 
The businessline story can be seen as enclosed and is also accessible at: https://lnkd.in/gENj_vCx
 
Readers are welcome to send their views to Regstreet Law Advisors at info@regstreetlaw.com