SEBI plans Demat 2.0, graded compliance for brokers
SEBI plans to launch Demat 2.0, with tokenised corporate bonds available for secondary-market trading
SEBI is developing a new framework for graded compliance for stock brokers, depending on their size, client exposure, and technological reliance, according to Chairman Tuhin Kanta Pandey. The regulator is also exploring secondary-market trading in tokenised corporate bonds and improving liquidity in the corporate bond market through market-making initiatives.
SEBI plans to launch Demat 2.0 and establish an AI sandbox for testing tools in a controlled environment, along with guidelines for responsible AI use. The regulator aims to simplify compliance for depository participants by revising rules and expanding a common reporting platform. To enhance capital efficiency, SEBI is streamlining capital requirements for certain transactions and expanding automated services for custodian clients.
Pandey emphasized the importance of expanding market infrastructure beyond major cities to foster growth in towns and villages. SEBI is also intensifying efforts to protect investors, including cracking down on fraudulent platforms, improving cybersecurity, and streamlining digital onboarding for global investors.
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