India’s capital markets regulator goals to create a consolidated assertion of all monetary belongings held by a person, with the help of different monetary regulators.
“Can we consider having a consolidated assertion for the complete monetary market ecosystem—with all monetary belongings mirrored in a single place? Isn’t it fascinating?” Securities and Change Board of India (Sebi) chair Tuhin Kanta Pandey stated on the Financial Instances BFSI Annual Converge Summit 2025. “We intend to take this concept ahead with different monetary sector regulators within the inter-regulatory discussion board.”
At present, traders within the securities market can entry a consolidated assertion of holdings throughout merchandise, together with equities, debt devices and mutual funds, via the depositories.
Pandey stated bringing all monetary belongings into one assertion might be an “empowerment instrument” for thousands and thousands of households and traders.
The regulator can be contemplating a proposal to offer intermediaries entry to supplementary account opening type (AOF) info via know-your-customer registration companies (KRAs). This could assist keep away from repetitive submissions by traders and allow intermediaries to obtain cleaner, constant and verified information flowing via the system. The change is aimed toward simplifying investor onboarding and lowering duplication throughout market entities.
An AOF is the set of paperwork and particulars an investor should submit when opening an account with any market middleman, reminiscent of a dealer, mutual fund home, or different funding funds (AIFs). As of now, even after an investor completes KYC via a KRA, most intermediaries nonetheless request further paperwork or particulars.
Pandey stated Sebi has strengthened governance frameworks for listed firms, enhanced the accountability of compliance officers and expanded risk-management oversight to the highest 2,000 listed companies. He added that the regulator is reviewing main rules, together with these on mutual funds, stockbrokers and itemizing obligations, to simplify them and replace them for rising market necessities.
Mint had reported that a few of these revamped rules are set to be mentioned within the Sebi board assembly subsequent week.
Pointing to deepening capital markets, the Sebi chief famous that demat accounts have crossed 210 million and the distinctive investor rely has risen to round 136 million, up from about 4 crore in FY19. Fairness and debt issuances reached ₹14.3 trillion in FY25, whereas India’s market capitalization has risen from 81% of GDP in FY15 to round 134% immediately. Mutual fund belongings have grown from 9% of GDP in FY15 to about 23% now, with rising participation from past the highest 30 cities.
The regulator plans to broaden its efforts for investor training.
“We are going to increase outreach efforts via a multi-media, multi-lingual and multi-agency strategy,” stated Pandey. “We’re additionally partnering with the ministry of panchayati raj to achieve out to block-level and panchayat-level establishments.”
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