SEBI Chief Tuhin Kanta Pandey highlights critical insights on AI's role in financial markets. While AI offers powerful fraud detection tools, it also introduces risks like technological bias and power concentration. The regulatory landscape is rapidly evolving, shifting from supervising institutions to monitoring technological systems. India's market capitalization has grown over four-fold in a decade, reaching ₹4.7 lakh crore, with individual and mutual fund ownership increasing from 13% to 21%. Pandey emphasizes the need for anticipatory regulation that can navigate technological shifts and emerging market risks. The focus is on developing resilient markets through advanced supervisory technologies, stronger cybersecurity frameworks, and improved data governance. This approach aims to support growth and innovation while maintaining market integrity and protecting investor interests.
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