Sebi, FinMin push centralised KYC rollout; AI tools tackle 70,000 fraud cases: Pandey
Sebi is collaborating with the Finance Ministry and regulators to establish a centralised KYC system, aiming for enhanced efficiency. Finance Minister Nirmala Sitharaman announced a revamped central KYC registry to be launched in 2025. Sebi is also leveraging AI for market surveillance and faster IPO processing, while addressing risks associated with algorithmic trading.
Sebi is collaborating with the Finance Ministry and regulators to establish a centralised KYC system, aiming for enhanced efficiency. Finance Minister Nirmala Sitharaman announced a revamped central KYC registry to be launched in 2025. Sebi is also leveraging AI for market surveillance and faster IPO processing, while addressing risks associated with algorithmic trading.
