Sebi Chairman Tuhin Kanta Pandey announced plans at the BSE’s 40th anniversary to develop an AI-driven tool aimed at enhancing cyber safety preparedness among regulated entities. This technological tool will analyze cyber audit reports, pinpoint control gaps, and categorize entities based on risk exposure, promoting robust risk-based supervision. Additionally, Sebi is setting up a working group to create a five-year short-term and a ten-year long-term technology roadmap for market infrastructure institutions (MIIs). Pandey emphasized the importance of continuous investment in technology and cyber resilience to maintain market integrity amidst the growing and diversifying investor base. He noted that enduring financial markets rely on trust, adaptive regulation, and resilient systems, rather than temporary market highs. Reflecting on the Sensex, launched in 1986, he highlighted its significance as a symbol of India’s capital market evolution, reinforcing the deep-rooted connection between the Indian securities market and the BSE.
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