Sebi streamlines market intermediaries inspection framework, cuts FY27 target to one-third

Sebi is introducing joint inspections by stock exchanges and depositories, along with a notable reduction in its inspection target for FY27. This strategy intends to enhance oversight while facilitating operations for intermediaries. Moreover, the practice of conducting repetitive annual inspections on compliant entities will cease, shifting focus to alert mechanisms, complaints, and market intelligence for more effective monitoring.